Arlex Oil Corp
Tounge Associates (TA) is pleased to announce that Cubby Oil, with corporate offices in Wilmington, MA has acquired the oil fuel distribution and service business of Arlex Oil Corporation (Arlex), based in Lexington, MA. The transaction closed on July 2, 2025. Arlex started in 1940, and for three generations the family business has been delivering…
Consumers Fuel Company
Tounge Associates (TA) is pleased to announce that Dead River Company (Dead River), with corporate offices in South Portland, Maine has acquired the oil and propane fuel distribution and service business of Consumers Fuel Company (Consumers), based in Belfast, Maine. The transaction closed on May 6th, 2025. Consumers has been a family-owned cornerstone of Belfast…
Carroll County Oil
Tounge Associates, LLC (TA) is pleased to announce that Lake Region Energy, of Gorham, ME has acquired the fuel oil distribution business of Carroll County Oil based in Center Ossipee, NH. The transaction closed on December 18th, 2024. Founded in 1999. Michael Riley and Daniel Drew started the Company with a single oil truck and…
Interstate Gas & Oil
Tounge Associates, LLC (TA) is pleased to announce that MacFarlane Energy, based in Dedham, MA has acquired the fuel oil distribution business of Interstate Gas and Oil, based in Sudbury, MA. The transaction closed on November 16th, 2023. Interstate Gas and Oil has been family owned and operated for over seventy years. The Company has…
Tidewater Oil
Tounge Associates (TA) is pleased to announce that Dead River Company (Dead River), with corporate offices in South Portland, Maine has acquired the oil and propane fuel distribution and service business of Tidewater Oil Company (Tidewater Oil), based in Belfast, Maine. The transaction closed on December 7th, 2022. Founded in 2006 by Matt Porter, Tidewater Oil has always sought to provide an unsurpassed…
Maine-Ly Heating Oil
Tounge Associates, LLC (TA) is pleased to announce that Lake Region Energy Holdings, LLC (Lake Region Energy), based in York, ME has acquired the fuel oil distribution business of Maine-ly Heating Oil (Maine-ly), based in Standish, Maine. The transaction closed on November 17th, 2022. Phil and Kim Pomerleau founded Maine-ly Heating Oil in 1984 in…
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