Delano fuel stations and convenience stores will soon be rebranded to Midwest Petroleum.
After 88 years in business, the St. James, Mo.-based, family owned Delano Oil Co. is being sold.
According to a report from The Rolla Daily News, Delano’s president, Jay Delano, has announced that the company is being sold to Midwest Petroleum. The transaction includes all of Delano’s gas stations and the associated Station Break convenience stores. Midwest Petroleum already owns and operates over 50 gas stations and convenience stores throughout Missouri and Illinois.
Delano Oil currently operates five locations in Missouri, one in St. James, two in Rolla, one in Crocker and one in Dixon. According to the report from The Rolla Daily News, following the sale, Midwest Petroleum will be rebranding the Delano locations to Midwest Petroleum, and the sale is expected to close before July 1.
The Rolla Daily News reported that Delano decided to sell the company because he is looking to retire, and his son, Jonathan, is looking to pursue other interests. Delano currently employs approximately 40 individuals, but in 2008, the company operated 11 locations and employed nearly 100 people. The company has since downsized, and Delano stated that he was lucky that another company expressed interest in his chain.