SOURCE: Chesapeake Petroleum & Supply Co., Inc.

Chesapeake Petroleum & Supply Co., Inc.

August 27, 2010 14:17 ET

Chesapeake Petroleum & Supply Co., Inc. Purchases Skyline Oil Co.

GAITHERSBURG, MD--(Marketwire - August 27, 2010) - Chesapeake Petroleum, a distributor of nationally known brands of motor oils since 1961, whose principal office is in Gaithersburg, Maryland, announced today that it had acquired the business of Skyline Oil Co.

Tony Santy, the CEO of Chesapeake, commented that, "With the acquisition of Skyline, we are adding three new brands of motor oil to our already impressive portfolio of nationally known lubricants. We feel it will insure that any retail outlet in our area of distribution interested in giving its customers a quality brand of motor oil need only deal with one distributor."

Chesapeake is seeking to expand its geography by acquiring distribution businesses which are compatible with its philosophy of providing high quality products and services to its customers, and the acquisition of Skyline will help to further that objective.

David Sunter, the owner of Skyline, a 43-year-old company located in Winchester, Virginia, added: "I am pleased that the business of Skyline will continue in the hands of Chesapeake and I am confident Skyline customers will be well served after the acquisition."

Website: www.chesapeakepetroleum.com

Contact Information

  • Contact Information:

    Tony Santy
    C.E.O.
    Email: Email Contact
    Phone: 301-948-3150
    Fax: 301-948-3208


    Timothy Sullivan
    President & C.O.O.
    Email: Email Contact
    Phone: 301-948-3150
    Fax: 301-948-3208