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Announced

Blue Earth Resources to acquire Fuel Trader Supply and Fuel Trader Resource Management.

Synopsis

Blue Earth Resources, a refined fuel procurement company, agreed to acquire Fuel Trader Supply, a supplier of bulk gasoline and diesel products within the Colonial and Plantation pipeline systems, and Fuel Trader Resource Management, a provider of full-service bulk fuel inventory management solutions. Financial terms were not disclosed. "Fuel Trader has long been a trusted strategic partner of ours. The synergies of products and staff will significantly enhance our opportunities to serve our customers. The two companies have shared a close relationship since BERI commenced operations in Tennessee, and we will combine their product lines with ours to bring the best of each to the industry," Scott M. Boruff, Blue Earth Resources CEO.

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