Empire Petroleum Acquires 83 Distribution Contracts From King Fuels

acquisition“With the King assets, we now have the necessary foundation of business to allow us to continue to grow the market and increase our market presence over the next 12-18 months,” said Empire’s CEO.

Empire Petroleum Partners LLC (Empire) has successfully acquired 83 wholesale distribution contracts from King Fuels Inc., a Houston-based distributor that supplies branded fuel to gas stations, primarily in the Houston, Texas market.

The addition of these King Fuels’ accounts significantly enhances Empire’s Southwest regional footprint in Texas, while increasing Empire’s existing partnerships with Valero, Chevron, Shell, ExxonMobil, ConocoPhillips and Citgo.

The King Fuels acquisition solidifies Empire’s continued dedication to execute its growth plans. The company most recently acquired the assets of Beach Express Oil Co. Inc. in April 2013 and Besche Oil Co. Inc. in December 2012.

“The King acquisition is important to Empire, as it provides Empire with a substantial foothold in the Houston market—a market Empire has targeted for growth. With the King assets, we now have the necessary foundation of business to allow us to continue to grow the market and increase our market presence over the next 12-18 months,” said Empire’s CEO, Hank Heithaus.

“We seek to be a reliable and stable partner for our customers, suppliers, employees and the communities in which we do business,” added Sultan Poonawala, Empire’s vice president of operations in Dallas.

Headquartered in the Washington, D.C. Metro area, Empire currently distributes motor fuel products to gas stations in 18 Mid-Atlantic, Southeastern, Midwestern and Southwestern states.

  • Smirkdirk

    Empire is a terrible company to do business with. They have zero customer service, and interesting ways of calculating 7 and 10 day nets which leave the retailer with major cash flow issues. They purposefully fail to account for weekend days so that, for instance, a Monday delivery is due on Friday – taking a 7 day net effectively down to 4 days, then debiting the retailers cash account early. I would recommend to any former King retailer that they get an attorney and declare their contract non-transferable and get a more reputable distributor.

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