The Wills Group Announces Acquisition of the Retail Fuel and Convenience Store Business of Tevis Oil, Incorporated
The Wills Group announced today that SMO, Incorporated acquired the
retail fuel and convenience store business of Tevis Oil, Incorporated.
The acquisition was finalized on September 7, 2018 and includes all of
Tevis Oil’s retail business, which consists of nine retail locations
located primarily in Northern Maryland, and in Southern Pennsylvania.
SMO, Incorporated will continue operation of the retail locations under
the Jiffy Mart brand. With this acquisition, The Wills Group and SMO,
Incorporated will now operate 285 locations across the Mid-Atlantic
region.
“Jiffy Mart joins a strong family of brands across our retail business,
which includes Dash In, Splash In ECO Car Wash and SMO Motor Fuels,”
said Julian B. (Blackie) Wills, III, executive vice president of The
Wills Group’s Retail Marketing division. “We look forward to expanding
our footprint into Carroll County and Southern Pennsylvania and having
the opportunity to serve customers there.”
The Wills Group is working to complete the process of transitioning
supplier and vendor agreements to SMO, Incorporated, and is also working
to integrate the Jiffy Mart line of business into its retail fuels and
convenience store operations.
About The Wills Group, Inc.
Headquartered in La Plata, Maryland, The Wills Group, Inc. is a
family-owned company committed to being the preferred choice for
employees, customers, and business partners in the markets it serves
across Delaware, Maryland, Virginia, and Southern Pennsylvania. The
Wills Group is the parent company of SMO Energy, a leading provider of
propane, heating oil, and HVAC equipment in the Southern Maryland
region, Dash In Food Stores, Splash In ECO Car Wash, SMO Motor Fuels,
and operates Potomac Energy Holdings. For more information about The
Wills Group, visit willsgroup.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180911005477/en/
Copyright Business Wire 2018
Source: Business Wire
(September 11, 2018 - 11:03 AM EDT)
News by QuoteMedia
www.quotemedia.com