Irving Oil Buys business from Johnson & Dix Fuel Corp

Irving Oil has completed its purchase of Lebanon-based Johnson & Dix Fuel Corp.’s heating oil and propane business and seven of its convenience retail stores in New Hampshire and Vermont.

The transaction, which closed yesterday, includes Johnson & Dix’s residential and commercial home heating business in New Hampshire and Vermont. It does not include the Johnson & Dix wholesale gasoline business.

“We are very pleased to be growing our business in New Hampshire and Vermont with this purchase of high quality retail stores and a full service heating oil and propane business,” said Mike Crosby, head of marketing for Irving Oil. “It’s a perfect fit for us. We’re extremely proud to welcome the Johnson & Dix family into ours. They have a well run business and an excellent and well earned reputation.”

The sale includes six convenience retail stores in the New Hampshire communities of Belmont, Rochester, Grantham, Meredith, Warner and Lebanon, and one in the Vermont community of Springfield. As part of this transition, the vast majority of J&D employees will continue in their current positions as part of the Irving Oil team.

“We are taking every step to ensure this will be a seamless transition,” Crosby said, speaking from his Portsmouth office. “There will be no immediate change to customer accounts, service or deliveries. Customers may continue to use the same phone numbers and offices they currently use for service.”