MIDLAND The Kent Companies, a Texas based family owned and operated business established in 1957, proudly announces the successful acquisition of DC Oil Company based in Birmingham, Ala. The strategic move bolsters The Kent Companies’ position in the southeast region and marks its 8th operating state.
The acquisition includes 13 Chevron Texaco-branded convenience stores, a fuel transportation fleet, and a portfolio of dealer accounts. This transaction not only enhances The Kent Companies’ footprint across Texas and the southeast but also reaffirms its commitment to growing the Kent Kwik brand while providing quality service and products to our loyal guests.
In alignment with its vision for growth and guest-centric focus, The Kent Companies are proud to retain the Chevron Texaco branding for fuel while embarking on an exciting rebranding of the stores to Kent Kwik. The company plans to expand with new stores in Alabama and the other southeast states it operates in today.
Bill Kent, the owner of The Kent Companies, expressed enthusiasm about the acquisition and the rebranding strategy, stating: “We are thrilled to welcome DC Oil Company into The Kent family. Our plan to maintain Chevron Texaco fuel ensures a seamless transition for our guests while the rebranding to Kent Kwik represents our commitment to delivering exceptional quality and convenience. David Collins has a great team and as a long-time friend, I’m honored David would choose us to continue his legacy. Besides the quality of David’s stores, team members and operation, we are really excited to expand our relationship with Chevron in Alabama and throughout the Southeast.”
With the transaction, The Kent Companies’ total store count now stands at 104 locations. The company also supplies fuel to an additional 150 plus dealer sites across six states.
“I could not be more pleased with the sale to The Kent Companies. Bill Kent and his team have been extremely professional throughout the entire process. My biggest concern when choosing a buyer was my employees. I am confident now that I made the right decision,” David Collins, the owner of DC Oil Company said in a news release. “I got started in the petroleum business in 1990 as a cashier in a Texaco Convenience Store. I worked for Texaco for six years and then another six years for a Texaco Jobber. I started on my own with one store and then built two more over a five-year period. In 2008, I was able to purchase a small Jobbership as we grew our company. In my opinion, we were able to put together one of the best management teams in the industry. Any award, success or growth was a direct result of the hard work of my employees. Today, after 34 years, I have sold a company that I am very proud of. Best of luck to Bill Kent and his company!”
