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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