Richland, Wash. (Dec. 7, 2021) — Christensen Inc. announced the acquisition of Yorkston Oil Co., a fuel and lubricant distributor and CFN cardlock marketer serving customers in Northwestern, Washington. Christensen Inc. is one of the largest distributors of fuels, lubricants and propane on the West Coast and is excited to be expanding their reach.
Since 1939, Yorkston Oil Co. has owned and operated Commercial Fuel Network (CFN) sites, distributed fuel to branded retail sites, and served numerous independent and commercial accounts with heating fuels, industrial and motor oils, marine fuels and on- and off-road fuels.
Yorkston Oil Co. is a family-owned, third generation company. It was important to Yorkston Oil Co. leadership to find a partner that exemplified their values and would continue to serve their customers with the same family first approach. Yorkston Oil Co. found that partner in Christensen, another family-owned and -operated company with the capability to provide an even wider array of products and services.
"This acquisition represents a strategic investment that supports our planned growth in renewable fuels, retail fuel, lubricants and other industrial fluids," said Tony Christensen, president and CEO of Christensen Inc. "Through extending our geographical reach, this acquisition enhances our ability to deliver economically and environmentally sustainable solutions to customers in Northwestern, Washington, and surrounding states."
This acquisition is one of three strategic moves executed by Christensen in 2021. Christensen has acquired two new facilities — one in Seattle, Washington, and one in Portland, Oregon — to further support their growth plans.
