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Petroleum Service Corporation, a Portfolio Company of Aurora Capital Partners, Announces Acquisition of Fryoux Tankerman Service
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BATON ROUGE, La., Dec. 15, 2020 /PRNewswire/ Petroleum Service Corporation ( PSC ), a North American leader in tankerman services, product handling and site logistics for the petrochemical and refining industries, today announced that it has signed an agreement to acquire certain assets from Fryoux Tankerman Service ( Fryoux ), a premier shoreside tankerman company.
Based in Norco, Louisiana, Fryoux has been serving customers along the U.S. Gulf coast since 1967 when it was founded as the second shoreside tankerman service, behind PSC. As part of the transaction, PSC will absorb Fryoux s tankerman operations along the Gulf Coast. Jimmy Fryoux, President of the third-generation, family-owned company built by his grandfather and father, will join PSC s marine operations team as an advisor.