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Today Steve Williams, owner of Affordable Fuels and Charles Higgins, General Manager of Maritime Fuels, have announced the merger of the two companies under the Maritime Fuels banner effective October 19 2018. All Affordable employees have been offered similar positions within Maritime Fuels as well as Mr. Williams.
Mr. Higgins stated that the merger is the next logical step for Maritime Fuel’s growth strategy. “In an ever-shrinking oil heat market it only makes sense to leverage Affordable Fuels’ knowledge of the discount market and combine that with the industry expertise and coverage areas of Maritime Fuels. This merger will help support the new opportunities that we are seeking throughout the maritime provinces.”
“I am very confident in Maritime Fuels’ ability to service the Affordable Fuels customer base. The environment at Maritime Fuels has the same family feeling that we had here at Affordable. This merger is a “win” for our customers. Through Maritime Fuels the customers will be offered more options than they were in past. I am also pleased that each employee of Affordable will be welcomed into the Maritime Fuels family” said Mr. Williams.
Affordable Fuels was founded in 2004 by Mr. Williams and his wife Karen. From a one truck operation the company expanded to its present fleet of six trucks with offices in both Truro and Lakeside. They served Halifax county, Truro, Windsor and down the South Shore as far as Queensland.
Any questions regarding this transaction?