Offen Petroleum Strengthens its Ozark Region With Acquisition of Petromark
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DENVER, May 6, 2021 /PRNewswire/ Offen Petroleum ( Offen ), a leading independent fuel distributor, announced today that it is acquiring the business assets of Petromark, Inc., a motor fuel distributor, and Petromark Transportation, LLC, its affiliate trucking company, both headquartered in Harrison, AR (together as Petromark ). Offen is a provider of motor fuel, propane, lubricants, and petroleum logistics services in 23 states in the Midwest and Western U.S. The business combination further expands Offen s footprint more deeply into Arkansas, Missouri, and Oklahoma.
Petromark is owned jointly by Stephen Lair and Steve Turner and is a significant wholesaler of motor fuels in Arkansas, Missouri, and Oklahoma. The company sells branded motor fuels under the Shell, Phillips 66, Valero, Sinclair, Conoco and VP Racing banners while also selling
Wix Purchases Rise.ai
Wix, a global SaaS platform to create, manage and grow an online presence, today has acquired
Rise.ai, the gift card and customer re-engagement solution for online brands. The acquisition will extend the Wix eCommerce platform, providing a full solution for merchants to manage customer re-engagement activities aimed at increasing customer spending and repurchases, including gift cards, loyalty programs, rewards and referrals.
“We are excited to expand our offering and services as part of the Wix eCommerce strategy,” said
Arik Perez, Head of Wix eCommerce. “By providing merchants with more native tools, we can help them grow long-term customer value and revenues to build their businesses and keep optimizing and increasing profitability. Rise.ai is considered to be the best solution of its kind in the market, and the integration will enable merchants to easily manage and maintain customer engagement tools, ultimately leading to increased loyalty
Offen Petroleum Strengthens Operations With Ozark Mountain Energy Tie-Up
COMMERCE CITY, Colo. Independent fuel distributor Offen Petroleum is expanding its footprint with the acquisition of Mt. Vernon, Mo.-based Ozark Mountain Energy and its affiliate trucking company, Petroleum Express.
The companies will become a combined entity operating under the Ozark Mountain Energy name in the Mid-continent and Midwest states. Ozark will continue to operate from its Mt. Vernon office and Brent, Eric and Kyle Wilmoth will continue to lead the region under Offen Petroleum. This is yet another transformational addition to Offen and we are excited to welcome the Ozark Mountain Energy employees to the Offen team. I congratulate Brent on creating such a professional organization. We believe that the cultures at Offen and Ozark Mountain Energy are a perfect fit which will make this merger very successful, said Bill Gallagher, CEO of Offen Petroleum. This transaction affords us the
Offen Petroleum and Ozark Mountain Energy Combine Businesses
Creates Two-billion-gallon fuel distributor west of the Mississippi River
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DENVER, Dec. 15, 2020 /PRNewswire/ Offen Petroleum ( Offen ), a leading independent fuel distributor, announced today that it has closed on the acquisition of the business assets of Ozark Mountain Energy, a motor fuel distributor, and Petroleum Express, its affiliate trucking company, both based in Mt. Vernon, MO (together as Ozark Mountain Energy ). Offen is a provider of motor fuel, lubricants, and petroleum logistics services in Colorado and 15 surrounding states. The business combination further expands Offen s footprint more deeply into the Mid-continent and Midwestern states. Ozark Mountain Energy will continue to operate from their Mt. Vernon, MO office and Brent, Eric and Kyle Wilmoth will continue to lead this region under Offen.
PE-backed Offen Petroleum buys Ozark Mountain Energy business assets pehub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pehub.com Daily Mail and Mail on Sunday newspapers.