M&A Deal Summary

Empire Petroleum Partners Acquires B&M Oil - Retail Fuel Distribution

On August 9, 2018, Empire Petroleum Partners acquired distribution company B&M Oil - Retail Fuel Distribution from B&M Oil

Acquisition Highlights
  • This is Empire Petroleum Partners’ 2nd transaction in the Distribution sector.
  • This is Empire Petroleum Partners’ 3rd transaction in the United States.
  • This is Empire Petroleum Partners’ 1st transaction in Oklahoma.

M&A Deal Summary

Date 2018-08-09
Target B&M Oil - Retail Fuel Distribution
Sector Distribution
Buyer(s) Empire Petroleum Partners
Sellers(s) B&M Oil
Deal Type Divestiture

Target

B&M Oil - Retail Fuel Distribution

Oklahoma City, Oklahoma, United States
B&M Oil Co. - Retail Fuel Distribution is a distributor of fuel throughout Oklahoma.

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Buyer(S) 1

Buyer

Empire Petroleum Partners

Dallas, Texas, United States

Category Company
Sector Distribution
DESCRIPTION

Empire Petroleum Partners LLC is a motor fuel distributor across the Mid-Atlantic, Southeastern, and Southwestern U.S., with more than 1,100 customers across 27 states from Delaware to California. Empire distributes every major brand, including BP, Chevron, Citgo, Exxon, Getty/Lukoil, Gulf, Marathon, Mobil, Shell, Sunoco, Texaco, and Valero. Empire Petroleum Partners is based in Dallas, Texas.


DEAL STATS #
Overall 3 of 3
Sector (Distribution) 2 of 2
Type (Divestiture) 3 of 3
State (Oklahoma) 1 of 1
Country (United States) 3 of 3
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-21 Willoughby Supply - Wholesale Distribution Business

Mentor, Ohio, United States

Willoughby Supply Co. - Wholesale Distribution Business is a provider of distribution services in US.

Buy -

Seller(S) 1

SELLER

B&M Oil

Oklahoma City, Oklahoma, United States

Category Company
Founded 1969
Sector Distribution
Revenue 29M USD (2018)
DESCRIPTION

B&M Oil Co. engaged in the sale, marketing and distribution of lubricants to automotive, industrial, commercial, construction, and agricultural consumers throughout the entire state of Oklahoma. B&M Oil is based in Oklahoma City.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1