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Majors Management Closes on Acquisition of Bowden Oil
Tuesday 13 August 2019

13 August 2019 - Fuel distributor and convenience store operator Majors Management, LLC has closed on its purchase of the assets of Alabama, US-based fuel distributor and Shop N Fill convenience store chain Bowden Oil company, Inc., the company said.
Terms of the transaction were not disclosed.
Majors said this acquisition of approximately 40m gallons fits the company's footprint in the Southeast and adds more units in Alabama.
Bowden operates under the Chevron brand, which adds to Majors' existing volumes and advances Majors' goals of becoming Chevron's largest and best distributor in the eastern half of the United States.
Majors currently owns over 400 convenience-store units and sells over 400 m gallons of motor fuels under the Chevron, Texaco, Shell, Exxon, Mobil, Sunoco, Valero, Conoco, Phillips, 76, and Alon brands.
Details
Date Published: 13/08/2019
Target: Bowden Oil Company, Inc
Country: USA
Sector: Wholesale/Retail
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Majors Management, LLC
Comment:
Terms of the deal were not disclosed

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