Crowley Acquires Alaska's Anderes Oil Inc.

MarineLink.com
Wednesday, July 10, 2013

Crowley’s petroleum distribution group (CPD Alaska LLC) completes its acquisition of Anderes Oil , a longtime, well-respected fuel company in Ketchikan, Alaska. The Anderes family, after 50 years of serving Ketchikan, is leaving the oil business to pursue other interests.

Anderes Oil, Inc. is a commercial business complex located shoreside near downtown Ketchikan. It includes a bulk plant storing over a million gallons of petroleum products and has miles of pipeline to deliver the products. The company also has a marina with a fixed 110-foot-long float outfitted to conveniently supply a variety of marine fuels to southeast Alaska's mariner's. Twenty fuel stations, capable of pumping up to 200 gallons a minute allow Anderes to serve different size boats quickly and efficiently.

“Congratulations to the entire team on reaching this milestone,” said Rocky Smith , senior vice president and general manager. “This is our first venture in the southeast Alaska market and we are very excited to be expanding into this region. I am confident that we will be successful in integrating this business into the Crowley family while continuing the tradition of great service to the community of Ketchikan.”

While ownership will be changing, little else will say Crowley. The company will continue to provide great products and services under the Anderes name with its 20 employees, who will be welcomed as new members of the Crowley team. Crowley currently operates 22 fuel terminals in western Alaska and the rail belt, with over 265 employees. The opportunity to acquire Anderes Oil and expand into southeast Alaska is a welcome development for Crowley’s petroleum distribution business.



 

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