F. Peart & Co sells to DCC
We can reveal that F. Peart & Co has sold its oil business to DCC.
In a telephone conversation with the company, Freddie Peart confirmed to us that the acquisition took place on 30th April between F. Peart & Co and Energy Acquisitions Ltd, a subsidiary of DCC.
F. Peart & Co. Ltd, was established in 1923 when Fred Peart began a coal merchant business in Hartlepool. The business grew rapidly and in 1966 it diversified into fuel oil as the market took off.
Three generations later, the company is now the North East’s largest independent oil distributor, delivering over 120 million litres of fuel oil a year. The company also specialises in lubricants, fuel cards and heating services as well as operating a successful fencing division.