Announced
Financials
Sources
Tags
Acquisition
United States
Integrated Oil and Gas
Private
petroleum products
Private Equity
Synopsis
Refuel and First Reserve acquired Bishopville Petroleum, one of the longest tenured distributors of Shell-branded products in the United States. Financial terms were not disclosed. “We are extremely pleased to announce the acquisition of Bishopville Petroleum,” said Mark Jordan, CEO of Refuel. “The transaction is highly complementary as it fits nicely into Refuel’s existing geographic footprint and is also consistent with Refuel’s overall focus on high-quality stores with exceptional service. I have known and respected Green DesChamps for over a decade and look forward to working with him in growing the Refuel platform.”
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