Written on: October 27, 2020 by ICM
Quarles Petroleum, Inc., a Fredericksburg, VA-based provider of residential and commercial fuels, has purchased the propane and petroleum operations of Dixie Gas & Oil Corp., a third-generation family-owned propane, commercial fuels and home heating oil distributor based in Verona, VA.
“As family-owned businesses, our companies share the same core values of service to our customers and giving back to community,” commented Paul Giambra, President & CEO of Quarles Petroleum. “We look forward to working with Dixie’s associates and welcoming them and Dixie’s customers to the Quarles family.”
Established as the Dixie Bottle Gas Co. in 1946 by Dennis Earhart and his father, Roy, the firm initially provided propane cylinder exchange services in the post-World War II housing boom. Now operating as Dixie Gas & Oil Corp., the company has evolved as a diversified provider of products and services in the areas of propane, heating oils, motor fuels and lubricants, and serves over 10,000 residential customers in 17 counties in Central and Western Virginia.
“We believe that Dixie’s customers will be in great hands with Quarles,” said Christopher Earhart, President of Dixie Gas & Oil Corp. and a member of the third-generation of the Earhart family to own and operate the firm. “Our family has invested 75 years in Dixie, we’re pleased that the Quarles family has a similar history in the industry and, as a family-owned firm, understands our commitment to our customers.”
Terms of the transaction were not disclosed.