Valor Oil Gains Louisville Market Presence via Acquisition
OWENSBORO, Ky. -- Valor Oil LLC purchased the assets of Miller Oil Co. Terms of the transaction were not disclosed.
Louisville, Ky.-based Miller Oil operates seven convenience stores offering Marathon, Gulf or unbranded fuels. Founded in 1977, Miller Oil also has four oil jobber companies and provides lubricants and fuels to a wide range of businesses in its local operating region.
"Miller Oil's operations, customer base and employees fit with Valor Oil's current operations very well," said Valor Oil President Gary Emmick.
The transaction allows Valor Oil to gain a foothold in the Louisville market. Valor Oil is a full-line, third-generation, family-owned petroleum distributor that already operates in its hometown of Owensboro, Ky., as well as Bowling Green, Ky.
"We at Valor Oil can't tell you how excited we are to have this opportunity to continue the work of such a well-respected and run company," said Josh Emmick, vice president of Valor Oil. "The Louisville facility will add a strategic piece to our marketing plan."
Valor Oil provides fuel, additives, lubricants, racing fuels and diesel exhaust fluid to convenience stores, gas stations and other businesses in Kentucky, Tennessee, Indiana and Illinois.