Posts by Nick Stricker
Reeves Oil Company Acquired by World Kinect Corporation (NYSE: WKC)
For Immediate ReleaseAustin, TXMay 1, 2025 LONGVIEW, TX – Reeves Oil Company, Inc. (“Reeves Oil,” “ROC,” or the “Company”), a leading distributor of branded motor fuels in East Texas, has announced the sale of its wholesale fuels supply assets to World Kinect Corporation (NYSE: WKC). ROC’s petroleum distribution network spans central and east Texas, supplying…
Read More >>Schmidt & Sons, Inc. Acquired by Kappa Texas Oil Company
For Immediate ReleaseAustin, TXSeptember 12, 2024 GONZALES, TX – Schmidt & Sons, Inc. (“Schmidt & Sons,” or the “Company”), a leading Central Texas distributor of commercial fuels and branded lubricants headquartered in Gonzales, TX, announced the successful sale of its business assets to Kappa Texas Oil Company (“Kappa Texas”), an affiliate of Grupo Energéticos of…
Read More >>