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Christensen acquires Yorkston Oil

Dec. 15, 2021
Northwest-based fuels, lubricants, and propane distributor expands into Bellingham, Wash.

Christensen Inc., recently expanded its reach with the acquisition of Yorkston Oil Co., a prominent fuel and lubricant distributor, and Commercial Fuel Network (CFN) cardlock marketer serving Northwestern Washington.

Christensen is one of the largest distributors of fuels, lubricants, and propane on the West Coast.

Since 1939, Yorkston Oil has owned and operated CFN sites, distributed fuel to branded retail sites, and served numerous independent and commercial accounts with heating fuels, industrial and motor oils, marine fuels, and on- and off-road fuels.

Yorkston Oil is a family-owned, third-generation business. The two companies said it was important to Yorkston Oil leadership to find a partner who exemplified their values and would continue to serve their customers with the same family-first approach. Yorkston Oil found that partner in Christensen, another family-owned and -operated company with the capability to provide a wide array of products and services.

“This acquisition represents a strategic investment that supports our planned growth in renewable fuels, retail fuel, lubricants, and other industrial fluids,” said Tony Christensen, president and CEO of Christensen. “Through extending our geographical reach, this acquisition enhances our ability to deliver economically and environmentally sustainable solutions to customers in Northwestern, Wash., and surrounding states.”

This acquisition is one of three strategic moves executed by Christensen in 2021. Christensen, founded in 1935, also acquired facilities in Seattle and Portland to support growth plans. The Portland facility includes a 50,000-square-foot warehouse, rail, and 30 bulk storage tanks. The Seattle facility includes 4 acres, a 50,000-square-foot warehouse, and close proximity to loading terminals.

Christensen says its focus is to create real value for retail fuel, commercial, industrial, and fleet card customers. Christensen offers products and services intended to simplify the way fuels, lubricants, and propane are ordered, delivered, and managed.

“Christensen is honored to continue the Yorkston Oil Co. legacy, and to continue providing dependable service to the loyal customers of Northwestern, Wash.,” the company said.

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