Fuels, propane, lubricants and chemicals distributor Palmdale Oil acquired Combs Oil Company.
Terms of the transaction were not disclosed.
Naples, FL-based Combs is a distributor of fuel, gasoline, lubricants and related products. Founded in 1967, the company serves customers across Southwest Florida.
Palm Beach Gardens, FL-based Palmdale is a family-owned company that operates in over 50 counties throughout Florida as a provider of fuels, lubricants and chemicals with delivery and management solutions. The company serves customers from 10 locations and six terminals across the state.
Palmdale said with the acquisition the company expands its geographical footprint and “bulk plant storage infrastructure” throughout the region.
“This partnership will expand our presence in a target market and allows us to better serve our collective customers in the region,” Palmdale CEO Lachlan Cheatham said in a Jan 7 news release. “As we continue to focus on thoughtfully growing our footprint, we are excited to expand our service offerings to the Combs customer base and want to thank Dennis and his team for all of their hard work building Combs into the business it is today.”
Related Posts
-
Waring Oil expands its presence in Southeastern U.S. with the acquisition of Baton Rouge-based Lavigne…
-
The two adhesives distributors supply industrial tapes, adhesives and fasteners with brands that include 3M…
-
Triple-S expands its presence on the West Coast, adding to its steel product operations.