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PEERLESS OIL & CHEMICALS INC

Company Summary

Description

We are an established organization with business operations in Puerto Rico since 1958 with deep understanding of business needs for Puerto Rico including regulations and the environment. The depth of experience and commitment ranks Peerless and its companies among the best-of-breed. Integrity defines our organization with its team of trusted employees. We are committed to service of the highest quality, and dedication to excellence while focusing on driving economic growth, development and employment in Puerto Rico. We rigorously pursue continuous process improvement and modernization. Our team has and develops a deep knowledge base and expertise, integrating and embracing corporate social responsibility into our operations.

Website

http://www.peerlessoil.com/about-us.html

Recent news

  • 11/2/2022 - Sunoco Acquires Peerless... (subscriber access)

Company Transactions

Date: 12/31/2022
Type: Acquisition

BUYERS:
  • Sunoco LP
    • SELLERS:
  • PEERLESS OIL & CHEMICALS INC
    • DETAILS:

    COST: 70 $MM

    NOTES:
    Sunoco notes they acquired Peerless Oil & Chemicals for $70 million in 3Q22. The transaction is forecasted to close in 4Q22 and will be funded using Suncor's revolving credit facility.
    REGIONS:
  • North America