M&A Deal Summary

Offen Petroleum Acquires White Oak Station

On May 6, 2021, Offen Petroleum acquired distribution company White Oak Station

Acquisition Highlights
  • This is Offen Petroleum’s 2nd transaction in the Distribution sector.
  • This is Offen Petroleum’s 4th transaction in the United States.
  • This is Offen Petroleum’s 2nd transaction in Arizona.

M&A Deal Summary

Date 2021-05-06
Target White Oak Station
Sector Distribution
Buyer(s) Offen Petroleum
Deal Type Add-on Acquisition

Target

White Oak Station

Harrison, Arizona, United States
Petromark is a significant wholesaler of motor fuels in Arkansas, Missouri, and Oklahoma. The company sells branded motor fuels under the Shell, Phillips 66, Valero, Sinclair, Conoco, and VP Racing banners while also selling unbranded motor fuel to retailers. Petromark is based in Harrison, Arizona.

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Buyer(S) 1

Buyer

Offen Petroleum

Commerce City, Colorado, United States

Category Company
Founded 1930
Sector Chemicals
DESCRIPTION

Offen Petroleum is a provider of fuel, lubricants, and logistics services in Colorado and the Rocky Mountain region. Offen sources and sells fuel in 12 states. In addition to fuels, Offen's lubricants division provides products and solutions for the commercial, industrial, and passenger car segments, as well as diesel exhaust fluids used in emission controls. The Company operates a specialty logistics division that is a premier fuel carrier throughout Colorado. Offen Petroleum was founded in 1930 and is headquartered in Commerce City, Colorado.


DEAL STATS #
Overall 4 of 4
Sector: Distribution M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Arizona M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-11 Bosselman Energy

Grand Island, Nevada, United States

Bosselman Energy, Inc. is a privately held wholesale fuel and lubricant marketer that provides fuels, lubricants, and transportation services to thousands of customers throughout the United States. Bosselman Energy was formed in 1948 and is based in Grand Island, Nevada.

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