NEWSLETTER
August 9, 2024
Chevron to Move its Headquarters Out of California
JANAS has enjoyed a multi-year relationship with Chevron. We were selected to work with a selected group of Chevron Independent Distributors to consolidate and develop a concept for consolidation.
JANAS conducted presentations at distributor meetings and evaluated the readiness of interested distributors to acquire or consolidate. We have completed more than 35 transactions in which JANAS represented both Independent Distributors and Petroleum Compounder/Blenders. The distributor base has been reduced to approximately 400 larger and more sophisticated businesses today, compared to more than 1,000 two decades ago.
One notable benefit of these mergers has been the opportunity for these companies to change their profile from lifestyle to corporate. JANAS has consistently provided Strategic Planning, Corporate Finance, and Mergers & Acquisitions services in the Petroleum Industry.
JANAS Completed Assignments
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“As Merger & Acquisition advisors, our responsibility is to effectively present these market-tested strategies, which not only cultivate loyal customers but also appeal to buyers who recognize the full value of our client companies.” – Dick Gregerson, CEO at JANAS
