Marine Link
Monday, May 29, 2017

Crowley Acquires Ace Fuels Assets in Anchorage

May 3, 2016

  • Alaska air large Photo Crowley
  • Photo Crowley Alaska Valdez Tanker
  • Alaska air large Photo Crowley Alaska air large Photo Crowley
  • Photo Crowley Alaska Valdez Tanker Photo Crowley Alaska Valdez Tanker

Anchorage-based Crowley Fuels yesterday completed an asset acquisition of the aviation fuels business of Ace Fuels, LLC, a fixed base operator (FBO) headquartered at Merrill Field in downtown Anchorage offering Jet A and AV 100LL fuels. The acquisition includes the company’s six, 24-hour self-service aviation fuels pump stations (cardlocks) and associated buildings located at the Merrill Field Strip, Merrill Field Main Airport, Willow Airport, Wasilla Airport, Lake Hood Strip and Fairbanks International Airport.

“Congratulations to the entire team on completing this acquisition of two like-minded, privately-owned and operated businesses,” said Rocky Smith, senior vice president and general manager. “While it will immediately expand Crowley’s footprint by adding additional aviation fuels service stations throughout Alaska, it also gives Ace Fuels customers better access to Crowley’s high quality fuels in south-central and western parts of the state.”

While ownership has changed, Crowley will continue to provide great products and services under the Ace Fuels name and eventually rebrand the stations as Crowley. Ace Fuels Manager Michelle LaRose will join the Crowley team, and company owner Richard Armstrong will leave to pursue other interests.

 “Ace Fuels and Crowley have similar cultures and values emphasizing safety, environmental protection and customer service,” said Bob Cox, Crowley vice president. “Our goal is to provide a seamless transition and to continue the tradition of providing high quality aviation fuels going forward.”
 

Maritime Reporter Magazine Cover May 2017 - The Marine Propulsion Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News