Colonial Terminals Announces Acquisition of IMTT’s Savannah, Georgia Terminals
(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…
Read MoreSavannah Based Colonial Oil Industries Expands with Acquisition of Peak Energy/Haywood Oil Company
(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…
Read MoreIndustrial Chemicals, Inc. Acquisition
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…
Read MoreColonial Chemical Acquires Virginia Firm, Eyes Growth and Further Expansion
(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…
Read MoreLykins Cos. Sold to Three Buyers
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,…
Read MoreChristian Demere, President & CEO, Colonial Group
Christian Demere is the fourth generation to head the family-owned, Savannah-based company, which celebrates its centennial this year. He brings a huge sense of responsibility to the role along with a healthy mix of confidence and humility. PUBLISHED SEP 26, 2021 10:37 PM BY JACK O’CONNELL (Article originally published in July/Aug 2021 edition.) Congratulations on…
Read MoreColonial Group Announces New Leadership as it Prepares to Observe a Centennial of Service
(SAVANNAH, GA) Savannah-based Colonial Group Inc. has announced a new era of leadership as it prepares to mark a major milestone in the company’s history in 2021. Christian B. Demere has been named chief executive officer, succeeding his father, Robert H. Demere, Jr., who had been in the position since 1986. Colonial Group has continued…
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