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BANGOR, Maine -- Dead River Co., a family-owned c-store operator and distributor of residential heating fuels, recently acquired South Portland, Maine-based Union Oil Co., a petroleum product distributing company, Mainebiz.com reported.
Dead River, which operates 19 Dead River Convenience Stores in the state, retained Union Oil's 65 employees, adding to its nearly 1,100 workers, the report stated.
As part of the transaction, Dead River will honor family-owned Union Oil's service agreements with its customers. Terms of the deal were not disclosed, the report stated.