Palmdale Oil Acquires Tri-County Oil Distributors

PALM BEACH GARDENS, Fla., Nov. 9, 2026 /PRNewswire/ -- Palmdale Oil Company ("Palmdale"), a leading statewide provider of fuels, propane, lubricants and chemicals, today announced the acquisition of Tri-County Oil Distributors ("Tri-County"), a Williston-based fuel distributor that has served North Central Florida for nearly a century. Financial terms of the transaction were not disclosed.

Tri-County supplies fuel to retail and commercial customers throughout North Central Florida, while also offering cardlock fueling and packaged lubricants and diesel exhaust fluid at its Williston facility. Like Palmdale, Tri-County was founded as a family-owned Florida business and built its reputation on strong customer relationships and dependable local service. The same local team will continue serving customers as part of Palmdale.

The acquisition strengthens Palmdale's presence in the greater Gainesville area and creates opportunities to expand its fuel distribution business throughout North Central Florida. Tri-County customers will also gain access to Palmdale's broader range of fuel, lubricant and chemical products, supported by a distribution network spanning more than 50 Florida counties.

"Tri-County has been an important part of the Williston community for generations, and Mike and his team have built a business with a loyal customer base and a strong reputation in the region," said Lachlan Cheatham, Chief Executive Officer of Palmdale. "We see tremendous opportunity to build on what they have established, introduce additional products and services and grow our presence throughout North Central Florida."

"Tri-County has always taken pride in the relationships we've built with our customers and the communities we serve," said Mike Doerr, President of Tri-County Oil Distributors. "As we considered the future of the business, we wanted a partner that would respect that history while helping us take the next step. Palmdale gives our team the opportunity to serve customers in new ways while maintaining the personal attention they have come to expect from Tri-County."

Jones Walker LLP served as legal counsel to Palmdale. PCE Investment Bankers served as financial advisor to Tri County Oil.

About Palmdale Oil
Founded in 1984 and headquartered in Palm Beach Gardens, Florida, Palmdale Oil Company is a family-owned provider of fuels, diesel exhaust fluid (DEF), lubricants, propane and chemicals. The company serves commercial and residential customers across Florida through an extensive distribution network and a broad range of products and delivery services. Propane delivery and service are provided through its wholly owned subsidiary, Palmdale Propane. Learn more at www.palmdaleoil.com.

About Tri-County Oil Distributors
Tri-County Oil Distributors is a family-founded fuel distributor based in Williston, Florida. The company supplies fuel to retail and commercial customers throughout North Central Florida and offers cardlock fueling, packaged lubricants and diesel exhaust fluid at its Williston facility.

Contacts
Kristen Cassalia
Marketing Specialist
[email protected]

SOURCE Palmdale Oil