Fort Pierce, Florida-based Palmdale Oil — a provider of fuels, lubricants and chemicals with delivery solutions — announced Oct. 2 that it has acquired Como Oil & Propane of Florida, a full-service fuel and propane distributor.
Financial terms of the deal were not disclosed. Palmdale said the transaction enables it to “strategically expand upon its offerings across fuels, lubricants, and chemicals to include Como’s market-leading propane capabilities.” Michael Bodine and Como’s Florida-based team will continue to lead the Como Propane Division under Palmdale, according to a news release announcing the deal.
Como currently operates five facilities across the eastern Florida coast and provides customers with a propane and fuel distribution services and generator sales, service, maintenance and installation.
“This partnership with Palmdale marks an exciting milestone for Como and is a testament to the strength of the business we’ve built together across southeastern Florida,” said Bob Hall, CEO, and Ryan Gunderson, President, at Superior Fuel Company, Como’s parent company. “Palmdale is a Florida-based, family-founded and operated business with a 40-year track record that shares Como’s values and culture, and we’re confident that the Cheatham family and the Palmdale team are the ideal partner for Como.”