Dead River Co. Acquires Breggy Oil Service Inc.

Portland, Maine (December 11, 2017) — Dead River Co. recently acquired 71-year-old, family-owned Breggy Oil Service Inc., located in South Portland, Maine. Details of the transaction were not released. The purchase is part of a growth initiative forwarded by Dead River president and CEO Deanna Sherman, whose family-owned company has itself been in business since 1909.

“We are actively looking to expand our business through acquisitions in New England and the surrounding areas,” said Sherman. “When acquiring other companies, however, it’s important that we find home heating businesses whose values and commitment to customer service match our own. Breggy Oil Service is just such a company: family-owned with a tradition of meeting its customers’ needs and being part of the local community.”

“Since 1946, our family and our employees have been proud to serve our friends and neighbors,” said Eileen Breggia, co-owner of Breggy Oil Service. “Recently, we made the decision to retire and determined that it was in our best interest to merge with a company that shares our values, as well as our commitment to customer service and the community.”

“I am pleased that Breggy Oil is merging with another family-owned business, Dead River Co.,” added John Breggia. “Dead River Co. has been in business for 108 years, and has earned the reputation of being responsive, caring, and reliable. I firmly believe our customers, who we care for deeply, will be in very good hands.”