Sanders Oil sells to Alabama company for undisclosed price
Published: September 11,2013
COLUMBUS — Sanders Oil Company has been sold to Midstates Petroleum Company in Vernon, Ala.
The sale includes Sanders Oil’s 14 gasoline stations. Terms of the sale were not made public.
Sanders Oil vice president Will Sanders tells The Commercial Dispatch that the sale was finalized Monday.
The sale includes Sanders’ six consignment stores and hundreds of commercial accounts.
Sanders said the company’s 120 workers have been offered jobs by Midstates.
According to its Facebook page, Midstates was founded in 1997 and is Alabama’s largest Texaco supplier.
Sanders said will work for Midstates as the company’s director of Mississippi operations.
Sanders Oil was founded in Columbus in 1931 by William David Sanders and William Lee Sanders. It remained a family business all these years.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Travis retiring as head of Mississippi World Trade Center
- Pearl ordering rental properties to retrofit with sprinklers, build storm shelters
- Court rules board can discipline West Virginia radiologist
- Deer processors need to use caution to insure safe, tasty venison
- Drew Brees settles lawsuit alleging investment fraud
- Winchester lands $50M ammunition contract from Homeland Security
- Legislators begin work on FY2016 state budget
- Biloxi baseball project still alive but may be held for 2015
- Doctor convicted of using phony church for tax shelter