Majors Management Acquires Morgan Oil Company, Inc.
November 4, 2022
Majors Management, LLC acquired 10 Chevron-branded convenience stores, the dealer wholesale business, and the commercial fuels and lubricants business (including an associated bulk plant) from Morgan Oil Company, Inc. The transaction expands Majors' presence in East Texas and transitions Morgan Oil's operations and employees to Majors' platform.
- Buyers
- Majors Management, LLC
- Targets
- Morgan Oil Company, Inc.
- Sellers
- Morgan Oil Company, Inc.
- Industry
- Retail
- Location
- Texas, United States
- Transaction Type
- Divestiture
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