Press Releases

Acquisition Announcement: H.B. Steele & Son

KENT, Conn. – October 26, 2021 – Cetane Associates LLC is pleased to announce that Tevis Energy, Inc., headquartered in Westminster, Md., has acquired the full-service heating oil delivery business of H.B. Steele & Son, Inc. of Orwigsburg, Pa. The transaction closed on October 1, 2021. H.B. Steele & Son, a third-generation family-owned business established […]

Acquisition Announcement: A. D. & G. Fuel Co.

KENT, Conn. – October 21, 2021 – Cetane Associates LLC is pleased to announce that Dead River Company, LLC of South Portland, Maine, has acquired the heating oil, diesel, and service business of A. D. & G. Fuel Co., Inc. of Franklin, N.H. The transaction closed on October 12, 2021. In 1984, Andrew Desrochers, David […]

Acquisition Announcement: Beacon Mechanical Service

KENT, Conn. – October 19, 2021 – Cetane Associates LLC is pleased to announce that The Shaffer Company, located in Bristol, Conn., has acquired the assets of Beacon Mechanical Service, LLC, an HVAC, plumbing, and heating oil delivery business in Granby, Conn. The transaction closed on September 29, 2021. Founded in 2003 by members of […]

Acquisition Announcement: Lisbon Fuel Co.

KENT, Conn. – October 7, 2021 – Cetane Associates LLC is pleased to announce that Winthrop Fuel Co., headquartered in Winthrop, Maine, has acquired the full-service heating fuel delivery business of Lisbon Fuel Co. located in Lisbon Falls, Maine. The transaction closed on September 22, 2021. Lisbon Fuel Co., founded in 1961, markets and sells […]

Acquisition Announcement: Rural Fuels

KENT, Conn. – September 30, 2021 – Cetane Associates LLC is pleased to announce that Gault Family Companies of Westport, Conn., has acquired the business assets of Rural Fuels headquartered in Trumbull, Conn. The transaction closed on September 22, 2021. Rural Fuels is one of the largest family owned residential propane delivery business in the […]


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We were very pleased to have such a knowledgeable and experienced company in our corner with the team at Cetane. It was obvious that they knew the best process and how to get the ball over the goal line. Their advice throughout the process was greatly appreciated and we thoroughly enjoyed working with them.

— Steve Lombardi, Brodeur’s Oil, Moosup, CT