Source: The Business Journals: Birmingham Business Journal

Retif Oil & Fuel: Birmingham oil company acquires assets of two companies

One of Birmingham's largest privately held companies has acquired two companies, positioning it for further growth in the Southeast. Trussville-based McPherson Companies Inc. acquired certain assets of both Retif Oil & Fuel LLC and B&M Oil Co. The acquisition was made in one transaction, as earlier in the day, Retif acquired B&M. McPherson's purchase involved ExxonMobil (NYSE: XOM) lubricants business in Arkansas, New Orleans, Mississippi, Alabama and Florida, and it helps McPherson, which ranked...

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Est. Annual Revenue
$100-500M
Est. Employees
25-100
Kenneth J. Retif's photo - President of Retif Oil & Fuel

President

Kenneth J. Retif

CEO Approval Rating

74/100