Des Moines
Heritage Petroleum, LLC (HP) today announced it has acquired Diamond Oil Co. which is based in Des Moines, IA. The acquisition solidifies HP’s presence in the midwest extending multiple services into Iowa and Nebraska. There are 5 locations in total, 4 in Iowa and 1 in Nebraska to help ensure expediated customer service. This is a continuation of HP’s strategy of establishing a network of operational hubs to allow HP to better service customers while extending our reach to service new customers in even more markets. The Heritage team is ensuring a smooth transition for the existing customers and helping to continue to grow market share through their long-standing business relationships in the area.
*Details of the transaction were not disclosed.*
Heritage Petroleum, LLC
Heritage Petroleum, LLC is a privately-held wholesale petroleum marketer/distributor that provides fuel transport services, commercial fueling, Enterprise and Colonial pipeline services, emergency management, lubricants services and sophisticated fuel and price management services for companies in the U.S.
Headquartered in Evansville, Indiana. HP offers a complete line of fuel products including petroleum fuels, fixed forward pricing, alternative fuels, additives, oils and Shell, Pennzoil, Quaker State, Philips 66, and Starfire Lubricants.
If you are interested in discussing an exit plan for your business please contact:
Contact
Aaron Gabe, President
Phone: 812-598-1111
[email protected]
