Como Oil and Propane Sold
Como Oil and Propane, one of the region’s largest heating fuel providers, has been sold.
ThompsonGas, headquartered in Frederick, Maryland has purchased the company.
Details of the sale were not disclosed.
Como Oil serves more than 22,000 industrial, commercial and residential customers through offices located in Duluth, Barnum, Two Harbors, Grand Marais, Hibbing, Tower, Ashland, Cable and Minong.
The company has been around the Northland for nearly 70 years.
ThompsonGas is family owned and operated and provides propane to more than 87,000 residential and commercial customers across 14 states.
“ThompsonGas and Como share many important values and approaches to the heating business,” said George Koloroutis, Executive Vice President and Chief Operating Officer of ThompsonGas. “Most importantly, both companies believe our customers are our most valuable resource. We also work hard to offer our customers better service, more products and an overall better value than our competition.”
“This acquisition significantly strengthens Como’s position as the area’s leading fuel provider,” said Joel Berg, Como’s Duluth Branch Manager. “While Como has always been a strong, reliable fuel provider, ThompsonGas offers us a national footprint, greater buying power and access to cutting-edge technology. Having this kind of competitive advantage, gives our 120 local employees a lot to be excited about.”