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A company says a competitor formed by its former president is soliciting its clients and diverting business. (BizSense Pro subscription required)

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U.S. Petroleum Partners Picks Up Wholesale Assets of Tri-Lakes Petroleum

NOVI, Mich. U.S. Petroleum Partners LLC closed on its transaction for Tri-Lakes Petroleum LLC. Moving forward as one entity named USPP-Tri-Lakes LLC, the company s focus will remain simplifying fuel supply for retailers, wholesalers and governmental entities, as well as commercial, farm and residential customers. The deal will utilize U.S. Petroleum s existing pipeline terminal and dealer portfolio in southwest Michigan and northern Ohio. The Tri-Lakes Management team will remain in place. We are eager to remain on the same path of service with passion and commitment. Bringing the entire Tri-Lakes Petroleum Management team into the USPP fold was very important to our leadership and we look forward to our continued development and growth together through other acquisitions,  said USPP-Tri-Lakes President Paul Murdock.

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