EMA Journal • PMAA Journal Fall 2018 • In The News

TACenergy Acquires New-Mexico-Based Wholesale Fuel Distributor, Desert Fuels

The Texas-based fuel marketer expands its sales presence with its new Albuquerque, New Mexico, office located at 901 Rio Grande Boulevard NW. TACenergy, a division of The Arnold Companies (TAC), acquired petroleum commodity supply and logistics company Desert Fuels effective August 27, 2018. TACenergy will maintain all key sales and customer service associates.

The shared expertise and resources of TACenergy will help the local team continue to provide the service expected, along with the competitive fuel prices and reliable supply the TACenergy network provides.

TAC Chairman and CEO Greg Arnold expressed his enthusiasm for the acquisition by saying, “We are so pleased to welcome J.J. and the Desert Fuels team into the TAC family and look forward to servicing each new customer with the level of expertise they are accustomed to.”

The office and staff will be located in Albuquerque’s Old Town district, providing employees the opportunity to stay local and close to existing customers. J.J. Mancini, president of Desert Fuels, Inc., shared with his customers, “This acquisition sets up an unbeatable combination of the TACenergy supply, financial, IT, trading and geographic scale along with Desert Fuels’ technology expertise to better serve each customer while holding true to the Desert Fuels mission: to revolutionize the wholesale fuel industry.” Mancini will stay directly involved in the business, consulting with TACenergy from the New Mexico office. Desert Fuels’ owners Jason Mancini, Jay Kennedy and J.J. Mancini are excited about the acquisition and believe there is no better company than TACenergy to continue to champion the Desert Fuels values of service and innovation.

The acquisition will help TACenergy strengthen its footprint in the southwest with the majority coming from local and regional business throughout New Mexico, Arizona, Colorado and Oklahoma. Fred Sloan, VP and COO of TACenergy, said, “Desert Fuels customers, along with our existing customers, will benefit from the additional supply resources.” Sloan also added, “Enhancing our existing technology offerings with Desert Fuels’ refreshing approach to incorporate technology in the buying and delivery of wholesale fuel will be easily accomplished.”

TACenergy is a Dallas, Texas-based independent national wholesale distributor of refined petroleum products. Customers include unbranded gasoline and diesel retailers, industrial users, transportation, trucking, government, utilities, mining, construction, plus any other commercial user or reseller of fuel. TACenergy delivers added value to its customers through customized fuel management programs, a 24/7 Supply and Logistics call center and comprehensive carrier agreements. TACenergy has an annualized fuel volume of well over 1.7 billion gallons, and a vast terminal supply network with regional sales offices that span North America. Learn more at www.tacenergy.com.

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