Quarles Petroleum, a regional provider of residential and commercial fuel headquartered in Fredericksburg VA, recently acquired the commercial and residential propane business of PAPCO.
Quarles will transition PAPCO propane customers into its current service centers in the Southeastern and Central Virginia market areas, the company said. PAPCO is divesting from its propane businesses, only, and will continue to operate the fuel business based in Virginia Beach.
“The acquisition of PAPCO’s propane business is another step toward achieving our goals for strategic growth; increasing our customer base within our existing delivery territories and expanding into new markets, in this case Hampton Roadsand Virginia Beach,” said Paul Giambra, CEO of Quarles Petroleum. “We welcome PAPCO propane customers to the Quarles family and assure all that Quarles is committed to serving them with the same caliber of customer service they are accustomed to.”