GAS DEPOT, INC.


Associated tags: M&A, Commerce City, Colorado, Chicago metropolitan area, Taxicab, Oil, Propane, DEP, Great Lakes region, Court Square Capital Partners, Owner-operator, BP, Great Lakes, Doe v. Exxon Mobil Corp., Shell, Citgo, Lubricant, Partner, Offen

Offen Petroleum Enters the Great Lakes Region with Gas Depot Acquisition

Retrieved on: 
Wednesday, January 4, 2023
M&A, Owner-operator, Partner, Lubricant, Citgo, Shell, Growth, Doe v. Exxon Mobil Corp., Great Lakes, BP, Court Square Capital Partners, Commerce City, Colorado, Great Lakes region, DEP, Acquisition, Propane, Oil, Taxicab, Chicago metropolitan area, Offen

DENVER, Jan. 4, 2023 /PRNewswire/ -- Offen Petroleum ("Offen"), announced today that it has completed the acquisition of the wholesale division of Gas Depot, Inc. and Gas Depot Oil Company, both headquartered in Chicago, IL (together as "Gas Depot").

Key Points: 
  • DENVER, Jan. 4, 2023 /PRNewswire/ -- Offen Petroleum ("Offen"), announced today that it has completed the acquisition of the wholesale division of Gas Depot, Inc. and Gas Depot Oil Company, both headquartered in Chicago, IL (together as "Gas Depot").
  • Gas Depot sells motor fuels under the Shell, Marathon, Citgo, BP, Exxon/Mobil, Gulf, Clark, and its proprietary Gas Depot brands as well as being a supplier of unbranded motor fuels.
  • Further, Gas Depot operates its own chain of gas stations and after the transaction, Gas Depot will continue to operate these stores.
  • Gas Depot has grown not just as a business, but an extended family that has created lifelong opportunities and relationships," stated George Nediyakalayil, Founder and CEO of Gas Depot.