Savannah Based Colonial Oil Industries Acquires Strickland Oil Company

January 25, 2023

Colonial Oil Industries, Inc. announced it has acquired Strickland Oil Company effective January 16, 2023. Strickland Oil has serviced Savannah and the surrounding region for 47 years delivering commercial fuel and lubricants as well as operating a cardlock location in Pooler, Ga. “Colonial Oil is excited about this opportunity to add customers in our home…

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Colonial Group Inc. Acquires Crown Carbon Reduction Technologies

November 7, 2022

Savannah-based Colonial Group anticipates expanding its specialty chemical business with the new division. (SAVANNAH, GA / GILLETTE, WY) Savannah-based Colonial Group Inc. has announced the acquisition of Crown Carbon Reduction Technologies (Crown) of Gillette, Wyo., effective November 1, 2022. Crown, a portfolio company of Merit Capital Partners, is a leading provider of process chemicals for…

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Colonial Terminals Announces Acquisition of IMTT’s Savannah, Georgia Terminals

November 3, 2022

(SAVANNAH, GA) On November 1, 2022, Colonial Terminals, Inc. (CTI), a division of Savannah-based Colonial Group, Inc., acquired two liquid terminals owned and operated by International-Matex Tank Terminals (IMTT). The facilities are located on the Savannah River and have approximately two million barrels of storage capacity supported by marine, rail, and truck access into the…

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Colonial Group, Inc. Welcomes Alexandra McCants as New Vice President of Human Resources

September 8, 2022

September 7, 2022 (SAVANNAH, GA) Colonial Group Inc. has announced that Alexandra (Alex) McCants has been named in the newly created role of vice president of Human Resources for the Savannah-based group of companies. “We are pleased to welcome Alex to this newly created role,” said Brett H. Giesick, executive vice president and COO. “She…

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Colonial Oil Appoints Bob Kenyon Division President

August 4, 2022

Posted by Keith Reid | August 3, 2022 Savannah-based Colonial Oil Industries, Inc. (COI) announced the appointment of Bob Kenyon as division president. The Savannah-based subsidiary of Colonial Group, Inc. has been a trusted name in the fuel and lubricant management business for over 100 years. “Bob has the expertise and knowledge of the industry to lead COI…

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Savannah Based Colonial Oil Industries Expands with Acquisition of Peak Energy/Haywood Oil Company

June 2, 2022

(SAVANNAH, GA) Savannah-based Colonial Oil Industries, Inc. has announced it has joined forces with Peak Energy/Haywood Oil Company. The combined operation of the North Carolina- based petroleum marketer expands the Savannah-based subsidiary of Colonial Group, Inc. to serve more customers in and around the Asheville market. “Both companies are family-based businesses and we want customers…

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Brett Giesick Named Chief Operating Officer of Savannah-Based Colonial Group Inc.

March 25, 2022

(SAVANNAH, Ga.) Colonial Group Inc. has announced that Brett Giesick has been named chief operating officer for the Savannah-based group of companies. Giesick has served as president of Colonial Group’s retail division, Enmarket, since 2017. He is the first person to serve in the role of COO for Colonial. “Brett brings significant experience in many…

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Industrial Chemicals, Inc. Acquisition

February 17, 2022

Succession planning, taxes led to flurry of year-end local business sales (Part 2) By Michael Schwartz February 9, 2022 Industrial Chemicals’ facility in Richmond. The family business was sold to Colonial Chemical Solutions. (Photos courtesy of Industrial Chemicals) The owners of a handful of Richmond-area companies, from an engineering firm to a chemical distributor and…

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Colonial Chemical Acquires Virginia Firm, Eyes Growth and Further Expansion

December 8, 2021

(SAVANNAH, Ga.) Colonial Chemical Solutions, Inc. (CCS), a subsidiary of Savannah-based Colonial Group, Inc., has announced the acquisition of Industrial Chemicals Inc. The 80-year-old company, headquartered in Richmond, Virginia, provides a wide selection of industrial chemicals and offers services including repackaging, storage, custom blending, contract storage and packaging, and chemical logistical support. “The supply chain…

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Lykins Cos. Sold to Three Buyers

October 5, 2021

10/04/2021 World Fuel Services, Colonial Oil Industries Inc. and Shipley Choice LLC picked up the company’s four divisions. MILFORD, Ohio – Diversified energy solutions provider Lykins Cos. Inc. dba Lykins Energy Solutions is selling off its commercial fuels, heating oil and propane, wholesale fuels, and electricity divisions. As part of the sale: The commercial fuels,…

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