M&A Deal Summary

Empire Petroleum Holdings Acquires Sunshine Fuel - Distribution Contracts

On September 27, 2016, Empire Petroleum Holdings acquired distribution company Sunshine Fuel - Distribution Contracts from Sunshine Fuel

Acquisition Highlights
  • This is Empire Petroleum Holdings’ 8th transaction in the Distribution sector.
  • This is Empire Petroleum Holdings’ 10th transaction in the United States.
  • This is Empire Petroleum Holdings’ 1st transaction in Florida.

M&A Deal Summary

Date 2016-09-27
Target Sunshine Fuel - Distribution Contracts
Sector Distribution
Buyer(s) Empire Petroleum Holdings
Sellers(s) Sunshine Fuel
Deal Type Divestiture

Target

Sunshine Fuel - Distribution Contracts

Palm Beach, Florida, United States
Sunshine Fuel LLC - Distribution Contracts is a provider of distribution services.

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Buyer(S) 1

Buyer

Empire Petroleum Holdings

Dallas, Texas, United States

Category Company
Founded 1998
Sector Distribution
DESCRIPTION

Empire Petroleum Holdings LLC is a distributor of fuel and fuel products on the East Coast. Empire Petroleum operates as a wholesaler between petroleum companies and retail gas stations. Empire Petroleum Holdings was founded in1998 and is based in Gaithersburg, Maryland.


DEAL STATS #
Overall 10 of 10
Sector: Distribution M&A 8 of 8
Type: Divestiture M&A Deals 4 of 4
State: Florida M&A 1 of 1
Country: United States M&A 10 of 10
Year: 2016 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-18 Keeman Petroleum Co. - Distribution Contracts

United States

Keeman Petroleum Co., Inc. - Distribution Contracts consists of existing distribution network in Georgia and northern Florida.

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Seller(S) 1

SELLER

Sunshine Fuel

Palm Beach, Florida, United States

Category Company
Founded 2009
Sector Distribution
DESCRIPTION

Sunshine Fuel LLC is a florida based distributor that supplies branded fuel to gas stations primarily in the Kansas City market as well as other Missouri and Oklahoma locations.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1