Why This Matters to Distributors: The acquisition would add about 2.5 billion gallons of annual fuel volume, 7,000 customers and more than 800 retail stations to Sunoco’s network, expanding its distribution reach across the Midwest and western U.S.
Sunoco LP has agreed to acquire Offen Petroleum for about $600 million in cash, a deal that would expand the fuel distributor’s customer base and geographic reach across the Midwest, Mountain West, and Southwest.
Offen distributes approximately 2.5 billion gallons of fuel annually to about 7,000 customers and more than 800 retail stations.
The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approval.
For Sunoco, the acquisition adds significant scale to a distribution business that already moves more than 15 billion gallons of fuel annually. Based on those figures, Offen’s annual volume is equivalent to 17% of Sunoco’s current distribution volume.
Sunoco distributes fuel to approximately 11,000 Sunoco and partner-branded retail locations, independent dealers, and commercial customers. The Offen acquisition would deepen its presence in several U.S. regions and give the company a larger platform for additional expansion and acquisitions.
Sunoco said Offen’s geographic footprint complements its existing distribution operations.
The deal also underscores Sunoco’s strategy of combining a large fuel distribution network with transportation and storage infrastructure. The Dallas-based company operates about 14,000 miles of pipeline and more than 170 terminals.
Offen’s network would give Sunoco broader access to retail and commercial fuel customers in markets where delivery density, terminal access and regional scale can influence distribution costs and service levels.
Sunoco did not disclose Offen’s annual revenue or provide details on potential changes to Offen’s workforce, management, or operating structure after the acquisition.
Sunoco operates in 33 countries and territories across North America, the Greater Caribbean and Europe. Its general partner is owned by Energy Transfer LP.Do not miss any content from Distribution Strategy Group. Join our list.
Share this article:
