M&A Deal Summary

Diesel Direct Acquires Golden Gate Petroleum - On-Site Mobile Refueling Business

On December 7, 2018, Diesel Direct acquired oil/gas exploration company Golden Gate Petroleum - On-Site Mobile Refueling Business from Golden Gate Petroleum

Acquisition Highlights
  • This is Diesel Direct’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Diesel Direct’s 1st transaction in the United States.
  • This is Diesel Direct’s 1st transaction in California.

M&A Deal Summary
Date 2018-12-07
Target Golden Gate Petroleum - On-Site Mobile Refueling Business
Sector Oil/Gas Exploration
Buyer(s) Diesel Direct
Sellers(s) Golden Gate Petroleum
Deal Type Divestiture

Target

Golden Gate Petroleum - On-Site Mobile Refueling Business

Martinez, California, United States
Golden Gate Petroleum Co. - On-Site Mobile Refueling Business is a provider of on-site mobile and marine fueling services.

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Buyer(S) 1

Buyer

Diesel Direct

Stoughton, Massachusetts, United States
Category Company
Founded 1998
Sector Transportation
DESCRIPTION

Diesel Direct is a specialized distributor of fueling solutions to businesses across the United States. The company provides on-site supply, delivery and management solutions and related services to commercial users of diesel fuel and adjacent products. Diesel Direct was founded in 1998 and is based in Stoughton, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

Golden Gate Petroleum

Martinez, California, United States
Category Company
Founded 1946
Sector Retail
DESCRIPTION

Golden Gate Petroleum Co. is a wholesaler of fuel oils and lubricants. Golden Gate Petroleum Co. was founded in 1946 and is based in Martinez, California.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Mergr

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