McDougall Energy Inc. acquires Pepco Corp.’s Owen Sound business
SAULT STE. MARIE, ON – November 29, 2017 – McDougall Energy Inc. (McDougall Energy), a third generation family-owned business, is pleased to announce the acquisition of the fuel and lubricant business in Owen Sound Ontario which also includes the communities of Goderich, Kincardine, Collingwood and surrounding areas previously owned by Pepco Corp (Pepco). This acquisition further expands McDougall Energy’s reach into Southern Ontario where they currently serve the Greater Toronto Area and many regions surrounding it.
As the official Esso Branded Reseller of fuel and the Mobil lubricants distributor for Owen Sound and surrounding areas McDougall Energy will take on the home heat, commercial fuels, cardlock and lubricant customers previously belonging to Pepco. This deal also brings with it a full operational hub inclusive of an onsite bulk storage facility. This acquisition is effective November 29, 2017.
“This deal with the Pepin family offers a natural fit for us as we bring our customers a strong localized approach in Owen Sound and surrounding areas. We feel that this transition is a step forward in bringing the McDougall Energy Esso-Branded and Mobil Lubricant offering to the Southern Ontario market,” says Darren McDougall, President of McDougall Energy. “We will be working closely with our new team members in ensuring our customers experience a smooth-transition during this time. Additionally, we also want to send out our sincerest welcome to our new Owen Sound vendors and customers.”
McDougall Energy is in its 72nd year of business as a privately owned marketer and distributor of gasoline, diesel, lubricants, heating oil and propane. As one of Canada’s Best Managed Companies for six years in a row, McDougall Energy has experienced continued growth in the Southern Ontario market following a series of acquisitions and organic growth.
About McDougall Energy Inc.
McDougall Energy Inc. (“McDougall Energy”) is a Canadian, privately owned, family business which has been serving energy customers for over 70 years. McDougall Energy is a marketer and distributor of heating oil, propane, gasoline, diesel fuel and commercial lubricants, as well as an EssoTM retailer. McDougall Energy is proud to be named one of Canada’s Best Managed Companies six years in a row. Now in its third generation of ownership, the energy company serves communities throughout various regions across Canada. The company is headquartered in Sault Ste. Marie, Ontario. To learn more about McDougall Energy, visit http://www.mcdougallenergy.com/