RICHLAND, WA and BELLINGHAM, WA – Christensen, Inc., is thrilled to announce the acquisition of Yorkston Oil Co., a prominent fuel and lubricant distributor and CFN cardlock marketer serving customers in Northwestern, Washington. Christensen Inc. is one of the largest distributors of fuels, lubricants, and propane on the West Coast, and is excited to be expanding their reach.
Since 1939, Yorkston Oil Co., has owned and operated Commercial Fuel Network (CFN) sites, distributed fuel to branded retail sites, and served numerous independent and commercial accounts with heating fuels, industrial & motor oils, marine fuels, and on- and off-road fuels.
Yorkston Oil Co. is a family-owned, third-generation company. It was important to Yorkston Oil Co. leadership to find a partner who exemplified their values and would continue to serve their customers with the same family-first approach. Yorkston Oil Co. found that partner in Christensen, another family-owned and operated company with the capability to provide an even wider array of products and services.
With the completion of the acquisition, Christensen will add an additional 3000 customers to its client roster, which spans retail fuel, commercial and fleet organizations.
“This acquisition represents a strategic investment that supports our planned growth in renewable fuels, retail fuel, lubricants, and other industrial fluids. Through extending our geographical reach, this acquisition enhances our ability to deliver economically and environmentally sustainable solutions to customers in Northwestern, WA and surrounding states.” – Tony Christensen, CEO of Christensen, Inc.
This acquisition is one of three strategic moves executed by Christensen in 2021. Christensen has acquired two new facilities in Seattle, WA, and Portland, OR to further support its growth plans.
PORTLAND, OR FACILITY
Includes a 50,000 square foot warehouse, rail, and thirty bulk storage tanks.
SEATTLE, WA FACILITY
Includes four acres, a 50,000-square-foot warehouse, and close proximity to loading terminals.
Christensen’s focus is to create real value for each of their Retail Fuel, Commercial, Industrial, and Fleet Card customers. Christensen offers products and services that simplify the way fuels, lubricants, and propane are ordered, delivered, and managed. They provide industry expertise and technology-driven tools that allow customers to spend time on the important things in life.
Christensen continues to be an industry leader in the lubricant, fuel, and reliability services industry. Christensen’s growth will only accelerate with their continued investment in technology, and expansion into long-term, sustainable growth markets.
Christensen is honored to continue the Yorkston Oil Co. legacy, and to continue providing dependable service to the loyal customers of Northwestern, Washington.
ABOUT CHRISTENSEN, INC.
Founded in 1935, Christensen is family-owned and operated. Headquartered in Richland, Washington, the company employs more than 500 people across the Pacific Northwest and nationwide. Built on decades of industry experience and the latest technology, Christensen is revolutionizing the way fuels, lubricants, and propane are ordered, delivered, and managed. For the past 10 years, the Christensen Company has grown 8x faster than the industry average and has emerged as a market leader.