O’Rourke acquisition

O’Rourke Petroleum (Houston), a distributor of lubricants, fuels, and environmental services, announced that it is acquiring Penco Oil (Tyler, TX), a family-owned distributor of lubricant products and services. Penco is a Royal Dutch Shell distributor that also offers products from Pennzoil, Quaker State, and Castrol, according to O’Rourke. Financial terms of the agreement were not...

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