Stuck Enterprises buys Barber Oil & Propane
Stuck Enterprises, located in Waynesburg, Pennsylvania, acquired Barber Oil & Propane of Ebensburg, Pennsylvania.
Established in 1966 by Dick Barber, Barber Oil began as a wholesale commission agent for Mobil Oil and evolved into a family-owned fuel sales and delivery business. Barber’s three children took leadership positions in the company in 1985. The company grew through multiple acquisitions through the early 2000s. Initially focused on heating oil, it later ventured into propane with the installation of large tanks and further acquisitions. Today, Barber Oil is managed by the third generation of the Barber family and serves a wide area across central Pennsylvania.
“Barber has delivered exceptional service to our customers for decades, and we are confident that this transition will uphold our high standards of excellence,” say Jim and Rich Barber.
Stuck Enterprises is the parent company of Jacobs Petroleum Products, Oakland Oil & Propane, Bedford Valley Petroleum & Propane, Stuck Retail, Stuck’s Fleet Fueling and the Deep Creek Fireplace & Outdoor Store. It also owns Deep Creek Mountain Utilities and multiple commercial real estate holdings. Stuck Enterprises services Pennsylvania, Maryland, West Virginia and Ohio.
“We’re thrilled to welcome Barber Oil to Stuck Enterprises,” says Steve Stuck, president of Stuck Enterprises. “We value their rich company history and will continue to provide the same excellent service and products to their customers.”
Cetane Associates served as the sole arranger to Barber Oil & Propane. Cetane advised on the sale, including an initial valuation opinion, marketing the business through a confidential process, assisting in negotiating the final deal terms and coordinating the due diligence process. Team members Doug Woosnam, Fred Lord, Trey Brasseaux and Dalton Brooks managed the transaction.
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