DENVER (Aug. 23, 2022) — Offen Petroleum announced it has completed the acquisition of the wholesale division of G&S Oil Products, headquartered in Centennial, Colorado. Offen is an independent distributor of motor fuels, propane and lubricants, and offers petroleum logistics services in 40 states across the United States.
G&S has been owned and operated by the Sussman family for over 50 years. G&S is a full-service wholesale and retail marketer of branded motor fuels under the Conoco, Phillips 66, Sinclair and Shell brands as well as a supplier of unbranded fuels, with a footprint covering the greater Front Range of Colorado. After the transaction, G&S will continue to operate their portfolio of convenience stores and automotive service centers.
"We've had a long relationship with Bill Gallagher, and we knew that if we were going to sell our wholesale business, Offen would be the best partner for not only our wholesale customers, but also for our company operated stores, who will be a fuel customer of Offen's," said Meyer Sussman, founder and president of G&S. "The Offen team has a reputation of providing the highest level of customer care and they have a full breadth of resources that will benefit our customers."
This acquisition will add 40 new customers that operate gas stations under the Conoco, Phillips and Sinclair brands along with five unbranded motor fuel customers.
"Meyer and Jeff Sussman and their team of dedicated, long-term employees, are long-standing, highly respected operators in the motor fuel/convenience retail industry, and I am very honored that the Sussman's are entrusting Offen to carry on their legacy of providing superior service to their customers," said Bill Gallagher, Offen's CEO.