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Announced

Maxol completed the acquisition of Naas Fuels from Naas Oil.

Synopsis

Maxol, an oil and lubricants firm, completed the acquisition of Naas Fuels, an oil company, from Naas Oil, a home heating oil company. Financial terms were not disclosed. Naas Oil is a family owned home heating oil business and owner/operator of nine retail forecourt stations. Naas Oil sold seven of its motor fuel service stations and convenience stores to Maxol.

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