SIMARD & SONS NEWS
Simard & Sons Turns 90
Simard & Sons,
-operated business, celebrates its 90th year in
the petroleum industry
provides planning and
for retail petroleum,
Employees pride themselves on quick response times to
The company’s business philosophy is to build quality
petroleum facilities and longstanding customer relationships.
“Some people call it old school,” said Elwin “Scottie” Scott,
president of the company. “We call it trusting a handshake,
keeping your word and ful;lling the customer’s expectations.”
Simard & Sons Becomes Leighton O’Brien Distributor
Simard & Sons began delivering Leighton O’Brien’s fuel
cleaning and polishing services April 17, Leighton O’Brien
announced in a release.
The company delivers Leighton O’Brien’s fuel cleaning
and polishing technology to its New England clients through
of;ces in Lewiston and Hampden, Maine.
Trained and safety-certi;ed Simard & Sons technicians
conduct the fuel cleaning and polishing services, and Leighton
O’Brien analysts conduct and support expert fuel data analysis
and comprehensive reporting.
The partnership expands Leighton O’Brien’s national
network of more than 40 fuel cleaning distributor service
locations. Leighton O’Brien US will clean more than 2,000
tanks in 2018 through its nationwide network of fuel cleaning
Leighton O’Brien is a fuel polishing service provider in the
U.S. and a global provider of comprehensive wetstock management and petroleum storage integrity services.
The company specializes in accurate pre-bury post-bury
tank and line testing for new installations and patented tank
cleaning and fuel restoration. Leighton O’Brien has operated
more than two decades and has grown to 110 service distributor
locations in 23 countries.
MATRIX SELLS POLSINELLO FUELS’
HOME HEATING, COMMERCIAL FUELS BUSINESS
The acquired assets consist of PFI’s propane, heating oil,
commercial fuels and HVAC businesses.
The company will continue to operate its motor oils and
lubricants and convenience store divisions and plans rapid
expansion of the remaining business segments both organically
and through acquisitions.
Louis Polsinello Sr. founded Polsinello Fuels Inc. as an
oil burner repair services company in 1952. He and his wife,
Suzanne, grew the company’s operations to include oil delivery
trucks, gas and diesel delivery, as well as other products and
services. Today, Louis Polsinello Jr. leads the company. He
began his career in the mid-1970s, along with his children, Lou
Polsinello III, Matthew Polsinello and Beth Polsinello.
Matrix provided merger and acquisition advisory services to
PFI, which included valuation advisory, marketing the business
through a con;dential, structured sale process and negotiation
of the transaction.
Matrix’s Downstream Energy & Convenience Retail
Group provides transactional advisory services to companies in
the downstream energy and multisite retail sectors including