“Adding Combined Oil accelerates our expansion efforts and provides a greater foundation for our market development in the Midwest and Mid-Atlantic states,” says U.S. Oil vice president.
Appleton, Wis.-based U.S. Oil has acquired Combined Oil, a reseller and distributor of petroleum products based in Lincolnshire, Ill.
The acquisition marks the fourth by U.S. Oil in the past 18 months.
Combined Oil supplies more than 160 convenience stores in southern Wisconsin as well as Illinois, Indiana and Kentucky.
“We’re excited about this new acquisition as we continue to solidify and expand U.S. Oil’s Midwest operations,” said Steve Quinette, U.S. Oil vice president, in a statement. “We continually look for growth opportunities and adding Combined Oil accelerates our expansion efforts and provides a greater foundation for our market development in the Midwest and Mid-Atlantic states.”
Other acquisitions by U.S. Oil since last year include Draeger Oil in early 2012, Trueblood Oil in May 2012 and SEE USA in March.
U.S. Oil is a subsidiary of U.S. Venture Inc. U.S. Oil distributes petroleum and owns and operates petroleum terminals in the Milwaukee, Green Bay, Madison and Chippewa Falls areas, as well as Cheboygan, Mich.
