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Palmdale Oil completes acquisition of Maassen Oil Company, Inc. to strategically expand capabilities

PRIVATEAug 06, 2024

Acquiring Company

Palmdale Oil

Acquired Company

Maassen Oil Company

Fort PierceArcadiaEnergyOil And GasTransportationLogisticsManufacturingEnergyOil And Gas

Description

Palmdale Oil, a leading provider of fuels, propane, lubricants, and chemicals, has acquired Maassen Oil Company, Inc. This acquisition strategically expands Palmdale’s capabilities and bulk plant footprint across Florida, enhancing transportation efficiency and maintaining exceptional service standards to reach more customers in the Tampa and Fort Myers regions.

Quick answer

Palmdale Oil is acquiring Maassen Oil Company, announced August 6, 2024. Palmdale Oil is based in Fort Pierce, Florida, United States.

How much did Palmdale Oil pay for Maassen Oil Company?
The deal value was not disclosed.
What does Palmdale Oil do?
Palmdale Oil is a leading provider of fuels, propane, lubricants, and chemicals with delivery and management solutions.
Where are Palmdale Oil and Maassen Oil Company based?
Palmdale Oil is based in Fort Pierce, Florida, United States. Maassen Oil Company is based in Arcadia, Florida, United States.
Who are the decision-makers at Palmdale Oil?
Fundz holds 1 contact at Palmdale Oil. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Palmdale Oil

Location

Fort Pierce, Florida, United States

About

Palmdale Oil is a leading provider of fuels, propane, lubricants, and chemicals with delivery and management solutions. The family-owned business operates in more than 50 counties across Florida, offering personalized customer service and a diverse product range. Palmdale aims to enhance transportation efficiency and maintain exceptional service standards through strategic expansion.

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Frequently asked

Who acquired Maassen Oil Company?

Maassen Oil Company was acquired by Palmdale Oil, based in Fort Pierce. The deal was reported on August 6, 2024. Palmdale Oil is a leading provider of fuels, propane, lubricants, and chemicals with delivery and management solutions. Palmdale Oil is privately held and operates in Energy.

When did Palmdale Oil acquire Maassen Oil Company?

Palmdale Oil's acquisition of Maassen Oil Company was reported on August 6, 2024. Palmdale Oil, a leading provider of fuels, propane, lubricants, and chemicals, has acquired Maassen Oil Company, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Maassen Oil Company do?

Maassen Oil Company, Inc. is a family-owned petroleum products wholesaler company that supplies propane, lubricants, and various fuels to a broad base of commercial and residential customers throughout the state of Florida. It is privately held, operating in Manufacturing, and is based in Arcadia.

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