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M&A Deal Summary

American Natural Acquires Satterlee Leasing

On December 7, 2017, American Natural acquired distribution company Satterlee Leasing from William G. Satterlee & Sons

Acquisition Highlights
  • This is American Natural’s 1st transaction in the Distribution sector.
  • This is American Natural’s 1st transaction in the United States.
  • This is American Natural’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2017-12-07
Target Satterlee Leasing
Sector Distribution
Buyer(s) American Natural
Sellers(s) William G. Satterlee & Sons
Deal Type Divestiture

Target

Satterlee Leasing

Pennsylvania, United States
Satterlee Leasing LLC is a wholesale fuel distributor in western Pennsylvania with a network of terminals and related infrastructure that supports the fueling needs of thousands of customers. Notably, Satterlee provides fuel sales, delivery, management and related services to support E&P companies’ field service activities in the Marcellus and Utica shale formations.

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Buyer(S) 1

Buyer

American Natural

New York, New York, United States
Category Company
Founded 2011
Sector Energy Services and Equipment
DESCRIPTION

American Natural provides CNG, gasoline, & diesel fuel and serves food and barista coffee drinks. The company consists of American Natural Retail, American Natural Supply, and ANC Automotive. American Natural was founded in 2011 and is based in New York, New York.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

William G. Satterlee & Sons

Rochester Mill, Pennsylvania, United States
Category Company
Founded 1940
Sector Oil/Gas Exploration
DESCRIPTION

William G. Satterlee & Sons, Inc. is a supplier of petroleum products in Pennsylvania. Company offers home heating oil delivery, a pre-buy program for winter seasons; farm fuels to farmers, laborers, and sawmills; commercial fuels, including biodiesel; and commercial, industrial, and automotive lubricants

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
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