American consumers . NORA ’ s efforts focus on Energy Efficiency , Environmental Responsibility , Safety , Research & Development and Professional Education , with particular emphasis on transitioning heating oil and its appliances to a low-carbon source of heat and hot water . For more information on NORA ’ s activities go to NORAweb . org or contact NORA at info @ noraweb . org .
Note : This news item is based on a news release that was published on the NORA website . It has been slightly edited for clarity and space .
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CIARDELLI FUEL ACQUIRES A . W . PETERS Ciardelli Fuel Company , a New Hampshire corporation , acquired the business assets related to the operations of A . W . Peters , a fullservice delivered fuels business in Peterborough , New Hampshire , Cetane Associates announced .
Founded in 1942 by Ashford “ Ash ” Peters , A . W . Peters has been passed down for three generations . After 33 years of running his heating oil delivery business , Ash retired and welcomed his son Stan Peters to step in as president . By 1977 , Stan ’ s kids , Kerry , Wendy , and Jeff , had joined the company . Jeff was named President in 1989 . For more than 30 years , A . W . Peters has had steady growth through four acquisitions and the building of a state-of-the-art bulk plant .
The A . W . Peters motto is “ we make WARM friends .” They built their reputation with dedicated service , installation , and delivery staff . President Jeff Peters commented , “ Our strong emphasis on excellence in delivery and service is a great fit with the values of family-run Ciardelli Fuel .”
Ciardelli Fuel is also a third-generation business . Founded by two Ciardellis , Ernest “ Babe ” and his nephew Albert Eugene “ Chick ,” in 1957 , the two grew the business for decades and enticed more family members to join their successful endeavor . Today the majority of the responsibility is in the hands of third-generation brothers Matthew “ Matt ” and Andrew Ciardelli . Ciardelli Fuel president Matt Ciardelli stated , “ We ’ ve known A . W . Peters as reliable service providers and a solid delivery operation for many years . We look forward to welcoming A . W . Peters ’ team of employees and being able to offer their customers continued exceptional service .”
The transaction closed on January 9 , 2023 . Cetane ( www . cetane . net ) served as the sole arranger and financial advisor to A . W . Peters .
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FOSTER FUELS ACQUIRES CANDLER OIL
Foster Fuels , Inc . purchased fuel provider Candler Oil Company based in Lynchburg , Va .
Cohorts Watt R . Foster , president and CEO of Foster Fuels , and J . Cole Candler , President of Candler Oil , see this as an opportunity for both families . “ I ’ ve known Cole Candler for many years ,” Foster said . “ I ’ m honored that he has entrusted me to carry on his family ’ s legacy and it is our goal to do so seamlessly .”
Candler Oil has been offering a wide variety of services since its founding by Jim Candler in 1968 . The principal service divisions Foster bought include fuel delivery and lubricant sales . The petroleum equipment sales and services division will continue to operate under Candler ’ s other Lynchburg-based business , Gas Station Supply . Under the leadership of Darrell St . John , Foster ’ s Senior Vice President and CIO , the location at 200 Durham St , Lynchburg , VA 24501 , will operate under the Candler Oil Company name through the 2022 / 2023 heating season .
“ We look forward to uniting our efforts to ensure continued growth through dedication and proven customer service to existing and new consumers seeking our products and services ,” St . John said .
Combining the resources and experience of the Candler Oil and Foster Fuels opens opportunities for Lynchburg and the surrounding areas benefiting customers with an even greater variety of industry-leading products and services .
Foster Fuels , based in Brookneal , Va ., offers turnkey services . It distributes many types of fuel , including propane , heating oil , diesel , and gasoline to residential , commercial , agricultural , and government contractors . Foster Fuels delivers , installs , and maintains a wide selection of hearth and home products , including gas logs , propane grills , tankless water heaters , and indoor and outdoor heaters . To learn more about Foster Fuels , visit the company website , fosterfuels . com . l FON
24 FEBRUARY 2023 | FUEL OIL NEWS | www . fueloilnews . com