Crowley Petroleum Distribution Acquires Taku Oil Sales, Inc.
November 13, 2013
Crowley Petroleum Distribution LLC has acquired Taku Oil Sales, Inc., a family-owned petroleum distributor serving Juneau, Alaska for nearly 50 years. The purchase, driven by Crowley’s desire to expand service coverage in southeast Alaska, follows the Taku founders’ planned retirement and will preserve existing operations and staff under Crowley’s ownership.
- Buyers
- Crowley Petroleum Distribution LLC
- Targets
- Taku Oil Sales, Inc.
- Sellers
- Taku Oil founders / owners
- Industry
- Energy
- Location
- Alaska, United States
- Transaction Type
- Buyout
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