News
Rix Petroleum
acquires
K9 Fuels
R
ix Petroleum, which already has
operations at Immingham and
Spalding, has extended its coverage
in the East Midlands with the acquisition
of Lincolnshire business K9 Fuels, for an
undisclosed sum.
The move extends Rix Petroleum’s
coverage in Lincoln, Market Rasen,
Gainsborough, Horncastle, Louth, Spilsby and
Retford, and enables the business to push into
Worksop, Newark and Nottinghamshire for the
first time.
Paying tribute to former owners Ken and
Ann Shingdia who ran the business for 10 years
before deciding to retire, Duncan Lambert,
managing director of Rix Petroleum said:
“Having developed K9 into a thriving
business with a loyal customer base, this
fantastic business is run very much along the
same lines as Rix Petroleum. We are both
family firms with a deep-rooted commitment
to dependable and friendly customer service.
“When we heard Ken and Ann had decided
to retire, we immediately expressed an interest
in the business because it sits between our
K9 Fuels is pleased to have secured a sale to Rix Petroleum, another local and family owned business
other Lincolnshire operations, extending our
coverage to include mid-Lincolnshire and west
into Nottinghamshire.”
Under the deal, all the staff at K9 Fuels will
continue to work at the business.
The move also creates two new jobs,
including a business manager role, which will
be filled by Steve Ella, and a new driver role.
The tanker fleet is to be updated with state-of-
the-art technology and branding that reflects
both the K9 Fuels and Rix Petroleum names.
The move also sees products and services
available from the Gainsborough business
extended, as customers will now be able to
get access to boiler repairs, replacement tanks,
lubricants and AdBlue.
“We feel privileged that Ken and Ann
An exciting venture
D
erbyshire-based Aztec Oils has acquired Caldo Oils’ facilities (see
page 5).
“This venture really excites us,” said Mark Lord, Aztec’s
managing director.
“It gives us a great opportunity to develop our retail packaged
range, offering both Aztec branded products, whilst at the same time as
growing our private label customers.”
The acquisition will see Aztec overseeing manufacturing at the site
including the Hallett Steam Oils brand under the Multispec name.
NWF Fuels will acquire the Caldo trading name and the bulk fuel
business as a separate entity.
have chosen us to take that business forward.
We intend to make the transition as smooth
as possible so customers can be assured of
complete continuity of service.”
“We are pleased to say that we have been
able to secure a sale and pass the full operation
over to Rix Petroleum, another local and family
owned business,” added Ken Shingdia
“We have complete confidence that what
we have worked hard to achieve will continue
in the safe hands of a company that shares
our own values and attitude towards customer
service.”
Read the K9 Fuels story in the January 2019
issue of Fuel Oil News
A warm Spanish
welcome
P
ictured at the front of Cobo’s premises are twenty directors and
members of staff from the WP Group, Nolan Group, Sodbury
Fuels, Heltor, NWF Fuels, Gleaner Oils, Barton Petroleum,
Kettlewell Fuels, Chandlers Oil, WCF Group and Northern Energy. The
group, which visited Cobo’s Santander tanker manufacturing facility in
October, enjoyed a most informative and sunny visit.
A new venture for Aztec Oils which embarked on a £1.2 million
development plan for its Bolsover site in 2018
Fuel Oil News | December 2019 9