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Completed
Synopsis
Quarles Petroleum, a regional provider of residential and commercial fuels, completed the acquisition of propane and petroleum operations of Dixie Gas & Oil, third-generation family-owned propane, commercial fuels and home heating oil distributor based in Verona, Virginia. Financial terms were not disclosed. "We believe that Dixie's customers will be in great hands with Quarles. Our family has invested 75 years in Dixie, we're pleased that the Quarles family has a similar history in the industry and, as a family-owned firm, understands our commitment to our customers," Christopher Earhart, Dixie Gas & Oil President. .
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