Acquisition of Multi-Generational Fuel Distribution Business (Allen's Oil & Propane)

This business, Allen2019s Oil & Propane, Inc., represents a highly successful, multi-generational fuel distribution and service company based in New Jersey. Founded in 1919, it evolved from coal supply to become a significant provider of home heating oil and propane to residential and commercial customers. The company also offered valuable ancillary services, including the installation, maintenance, and repair of heating and air conditioning systems. The acquisition by Star Group highlights the company's strong operational foundation and established community presence, ensuring its 105-year track record of success continues under new ownership.