Crystal Flash acquires Illinois-based J-M Transports

November 12, 2021 By    

Crystal Flash, a Grand Rapids, Michigan-based energy distribution company, acquired J-M Transports (JMT) of Newark, Illinois.

Photo courtesy of Crystal Flash

Photo courtesy of Crystal Flash

JMT, founded in 1983 by Barry Jacobson, is a fuels and propane transport provider serving Illinois, Indiana, Kentucky, Michigan and other Midwestern states.

“As we began the sale process, it became evident that Crystal Flash would provide the perfect fit for our valued employees,” says JMT founder Barry Jacobson. “We are happy that our employees will have the opportunity to flourish as employee owners of Crystal Flash.”

JMT is Crystal Flash’s first acquisition outside of Michigan and establishes the company’s new Midwest Transportation office. Brad Jacobson and Jeff Jacobson of JMT will lead the new Midwest division.

“We are proud to join the Crystal Flash team and look forward to continuing to provide our customers with the same level of service they have come to expect from J-M Transports,” says Brad Jacobson, who will serve as senior operations manager of the Midwest Transportation office.

“The employee owners of Crystal Flash are excited to welcome the JMT drivers, dispatchers and management to our team,” says Crystal Flash President and CEO Tom Olive. “We look forward to delighting our customers with quality service and safe deliveries for many years to come.”

Established in 1932, Crystal Flash is a 100 percent employee-owned energy distribution company serving residential, commercial and agricultural customers across Michigan and other Midwestern states. The company specializes in the sale and distribution of propane, diesel, gasoline and lubricants. It currently has over 300 employee owners. The company ranks No. 21 nationwide for retail propane gallon sales and No. 2 among single-state independent retailers in the 2021 LP Gas Top Propane Retailers ranking.

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