Crystal Flash, a Grand Rapids, Mich.-based energy distribution company, recently acquired J-M Transports (JMT) of Newark, Ill.
JMT, founded in 1983 by Barry Jacobson, is a fuels and propane transport provider serving Illinois, Indiana, Kentucky, Michigan, and other Midwestern states.
“As we began the sale process, it became evident that Crystal Flash would provide the perfect fit for our valued employees,” said Barry Jacobson, JMT founder. “We are happy that our employees will have the opportunity to flourish as employee owners of Crystal Flash.”
Crystal Flash is a 100% employee-owned business serving residential, commercial, and agricultural customers across Michigan and other Midwestern states. The company was established in 1932 and specializes in the sale and distribution of propane, diesel, gasoline, and lubricants.
“We are humbled and thrilled the Jacobson family is entrusting their 38-year labor of love and hard work to the employee owners of Crystal Flash,” said Tom Olive, Crystal Flash president and CEO. “Barry and Joan have built a strong business with exceptional professional drivers focused on safe customer service.
“We are excited for Brad and Jeff Jacobson to continue leading our new Midwest division and look forward to working together to grow the business.”
Crystal Flash currently has more than 300 employee owners, and is one of the largest independently owned energy suppliers in the state of Michigan.
“We are proud to join the Crystal Flash team and look forward to continuing to provide our customers with the same level of service they have come to expect from J-M Transports,” said Brad Jacobson, who will serve as senior operations manager at the new Crystal Flash Midwest transportation office.
Added Olive: “The employee owners of Crystal Flash are excited to welcome the JMT drivers, dispatchers, and management to our team. We look forward to delighting our customers with quality service and safe deliveries for many years to come.”