Heritage Petroleum, LLC (HP) today announced it has acquired Central States Oil Co. (CSO) which is based in Danville, IL. The acquisition solidifies HP’s presence in Central IL and Central IN and is a continuation of HP’s strategy of establishing a network of operational hubs to allow HP to better service customers in a 300 mile radius of Evansville.
Ted Leverenz, Mac Leverenz and Brad Chezem will remain with the Heritage team to ensure a smooth transition for the existing customers and to continue to grow market share through their long-standing business relationships in the area. Additionally, current customers of CSO will now have access to the buying power of HP, Pacific Pride Commercial Fueling, and the sophisticated fuel and price management services offered by HP.
*Details of the transaction were not disclosed.*
Heritage Petroleum, LLC
HP is a privately-held wholesale petroleum marketer/distributor that provides fuel transport services, commercial fueling, Enterprise and Colonial pipeline services, emergency management, lubricants services and sophisticated fuel and price management services for companies in the U.S.
Headquartered in Evansville, Indiana. HP offers a complete line of fuel products including petroleum fuels, alternative fuels, additives, oils and Exxon Mobil and ConocoPhillips lubricants.
Aaron Gabe, Vice President