Cetane Associates Financial Advisory Archives

Cetane Announces the Sale of Barnes Petroleum

NEW MILFORD, Conn. – October 22, 2024 – Cetane Associates (“Cetane”) is pleased to announce that Martin Oil Company (“Martin Oil”) located in Bellwood, Pa. has acquired Barnes Petroleum Products, Inc. (“Barnes Petroleum”), of Claysburg, Pa. The transaction closed on September 30, 2024. Barnes Petroleum Products was founded by Robert Barnes in Blue Knob, Pa.,… Continue reading

Cetane Announces the Sale of Florida Public Utilities’ Marianna Propane Branch

NEW MILFORD, Conn. – June 27, 2024 – Cetane Associates (“Cetane”) is pleased to announce that Southern Quality Propane, Inc. (“SQP”), a Florida corporation, has acquired certain assets used in the operation of, or associated with, the full-service propane delivery business of the Marianna propane branch of Florida Public Utilities (“FPU”) located in Marianna, Fla.… Continue reading Cetane Announces the Sale of Florida Public Utilities’ Marianna Propane Branch