Palmdale Oil Acquires Maassen Oil Company, Inc.
August 6, 2024
Palmdale Oil, a family-owned Florida fuel and lubricants provider headquartered in Palm Beach Gardens, has acquired Maassen Oil Company, Inc., a small Arcadia, Florida-based distributor of refined fuels, lubricants and propane. The deal expands Palmdale's bulk plant footprint and distribution capabilities across Florida, enhancing transportation efficiency and service coverage in markets including Tampa and Fort Myers.
- Buyers
- Palmdale Oil
- Targets
- Maassen Oil Company, Inc.
- Industry
- Oil & Gas
- Location
- Florida, United States
- Transaction Type
- Buyout
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