◂ Announcements

Nov 1, 2019ACQUISITIONUnited States

TACenergy acquires IPC (USA) wholesale petroleum business

ITOCHU Corporation and its subsidiary IPC (USA), Inc. sold IPC's U.S. wholesale petroleum distribution business to TACenergy, a division of The Arnold Companies. IPC markets over one billion gallons of petroleum products annually across approximately 30 states.

Status

Completed

Productsdieselgasolineother petroleum products

CompaniesITOCHU partner TACenergy acquirer IPC (USA), Inc. target

“I am very pleased and have enjoyed working with the Matrix team.”matrixcmg.com

1 source
matrixcmg.comMatrix Announces the Successful Sale of IPC (USA), Inc.MKNov 1, 2019

Summarized from public sources; check the original articles before acting on it.

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TACenergy acquires IPC (USA) wholesale petroleum business · Endata