SitNews - Stories in the News - Ketchikan, Alaska

Crowley Completes Acquisition of Anderes Oil in Ketchikan

 

July 12, 2013
Friday PM


(SitNews) Ketchikan, Alaska - Crowley’s petroleum distribution group (CPD Alaska LLC) completed its acquisition of Anderes Oil, a longtime, well-respected fuel company in Ketchikan on July 1. The Anderes family, after 50 years of serving Ketchikan, is leaving the oil business to pursue other interests.


jpg Crowley Completes Acquisition of Anderes Oil in Ketchikan

Anderes Oil Company, Ketchikan
Photo courtesy Google Maps


“Congratulations to the entire team on reaching this milestone,” said Rocky Smith, senior vice president and general manager. “This is our first venture in the southeast Alaska market and we are very excited to be expanding into this region. I am confident that we will be successful in integrating this business into the Crowley family while continuing the tradition of great service to the community of Ketchikan.”

While ownership will be changing, little else will. The company will continue to provide great products and services under the Anderes name with its 20 employees, who will be welcomed as new members of the Crowley team.

“Anderes and Crowley have similar cultures and values emphasizing safety, environmental protection and customer service,” said Bob Cox, Crowley vice president. “Our goal is a seamless transition and supporting the fine employees of Anderes Oil going forward.”

Crowley was founded in 1892, when founder Thomas Crowley - the grandfather of current chairman, president and CEO Thomas B. Crowley Jr. - purchased an 18-foot Whitehall boat to provide transportation of personnel and supplies to ships anchored on San Francisco Bay. The present structure, in which Crowley Maritime Corporation serves as a holding company for business lines and all subsidiaries, was put in place in 1992. The company is wholly and privately owned by the Crowley family and Crowley employees.

Crowley currently operates 22 fuel terminals in western Alaska and the rail belt, with over 265 employees.

Quoting a news release, "The opportunity to acquire Anderes Oil and expand into southeast Alaska is a welcome development for Crowley’s petroleum distribution business."

 

Edited by Mary Kauffman, SitNews

Source of News: 

Anderes Oil Company
www.anderesoil.com/

Crowley
www.crowley.com

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