Quarles Petroleum Acquires PAPCO’s Propane Business

(July 31, 2019) — Quarles Petroleum (Fredericksburg, Va.), a regional provider of residential and commercial fuel, recently announced it has acquired the commercial and residential propane business of PAPCO Inc. Quarles said it will transition PAPCO customers into its service centers in southeastern and central Virginia. Quarles clarifies that PAPCO is divesting only its propane business, and will continue to operate its fuel business based in Virginia Beach, Va.

“The acquisition of PAPCO’s propane business is another step to achieving our goals for strategic growth, increasing our customer base within our existing delivery territories, and expanding into new markets, in this case Hampton Roads and Virginia Beach,” said Paul Giambra, Quarles Petroleum CEO. “We welcome PAPCO propane customers to the Quarles family and assure all that Quarles is committed to serving them with the same caliber of customer service they are accustomed to.”

Established in 1940 as a one-truck oil company in Warrenton, Va., Quarles Petroleum is a regional provider of residential propane and fueloil, commercial delivered fuels, fleet card sites and services, and lubricants. The family-owned firm serves customers in Virginia, Maryland, Delaware, West Virginia, Pennsylvania, and North Carolina.

(SOURCE: The Weekly Propane Newsletter, July 29, 2019)