DCC to acquire Chevron’s UK oil distributor

Business support services group DCC has announced that it has reached agreement for its subsidiary, GB Oils, to acquire the trade, assets and goodwill of the Chevron Limited UK Equity Distributor business.

The business, trading under the Texaco brand, distributes transport fuels and heating oils to commercial, industrial, agricultural and domestic customers principally in southern England and Wales.

GB Oils has also agreed to enter into a long term supply arrangement with Chevron.

The business operates from 26 trading locations in England and Wales with a fleet of 167 road tankers and 356 employees.

It sells approximately 1.0 billion litres of oil per annum to an extensive customer base of 100,000 customers and operates under a number of well recognised trading names including Bates & Hunt, Team Flitwick, OJ Williams and Owen Fuels.