Fuel distributor Crystal Flash Inc. has expanded its geographic footprint into Southeast Michigan with a new acquisition, its tenth since 2011.
The deal for the Adrian-based Lenawee Farm Bureau Oil Cooperative includes more than 500 customers. Two employees will stay on with Grand Rapids-based Crystal Flash, according to a statement.
Lenawee County Farm Bureau Oil Cooperative serves agricultural, commercial, construction and home heating oil customers.
Grand Rapids-based Charter Capital Partners served as financial adviser to Crystal Flash on the deal. more