Palmdale Oil
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Palmdale Oil acquires Combs Oil Company

Jan. 10, 2025
Second acquisition in six months expands family-owned fuels and lubricants distributor’s Florida presence in a target market.

Palmdale Oil continues to expand.

The Florida-based fuels and lubricants provider—which last year absorbed Maassen Oil Company—recently acquired Combs Oil Company, a Naples, Florida-based distributor of diesel fuel, gasoline, lubricants, and related products.

Terms of the transaction were not disclosed.

“Combs Oil Company has built an exceptional reputation for high-quality fuel distribution services for customers across Southwest Florida,” Palmdale CEO Lachlan Cheatham said in a news release. “This partnership will expand our presence in a target market and allows us to better serve our collective customers in the region.

“As we continue to focus on thoughtfully growing our footprint, we are excited to expand our service offerings to the Combs customer base and want to thank [Comb Oil president] Dennis [Combs] and his team for all of their hard work building Combs into the business it is today.”

Established in 1967, Combs Oil boasts a nearly 60-year track record of high-quality distribution of gasoline and diesel fuel related products to customers throughout Southwest Florida, Palmdale reported. With the addition of Combs Oil, Palmdale continues to expand its geographical footprint and strategic bulk plant storage infrastructure in the region.

“We are thrilled to join forces with Palmdale—a family-founded and operated business that shares our dedication to excellence and personalized customer service,” Combs said. “This partnership marks the beginning of an exciting new chapter for Combs as part of an organization equally committed to going above and beyond for its customers.

“We look forward to bringing an enhanced offering to our customers alongside the Palmdale family.”