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10/10/2024 - Pilgrim Oil Group - Budget Oil Acquisition

Pilgrim Oil Group Acquires BudgetOil.com, Expanding Nationwide Heating Oil and Energy Services

Pilgrim Oil Group Completes Acquisition of BudgetOil.com

Pilgrim Oil Group, a leader in heating oil, propane, and on-site diesel delivery services, is excited to announce the successful acquisition of BudgetOil.com, a well-established heating oil provider. The merger was finalized in July 2024, marking a pivotal moment for both companies as they join forces to deliver enhanced value to customers across the U.S.
 
BudgetOil.com’s History and Reputation
 
Founded in 2008, BudgetOil.com has become a staple in the Northeast, building a solid reputation for delivering reliable and affordable heating oil. For over 15 years, the company has grown into one of the most trusted brands in the region, known for its customer-first approach and dependable service. As a cornerstone of the local community, BudgetOil.com has consistently provided households and businesses with timely, efficient heating oil deliveries. The company's commitment to quality and reliability has made it a go-to choice for thousands of customers.
 
The acquisition of BudgetOil.com is a strategic move by Pilgrim Oil Group to solidify its position as a major player in the heating oil, propane, and on-site diesel market on a national level. By integrating BudgetOil.com’s expertise and established customer base, Pilgrim Oil Group is looking to expand its geographical reach and offer a more robust portfolio of services. This merger enables Pilgrim to combine its resources and infrastructure with BudgetOil.com’s local market knowledge, creating a powerful synergy that will allow the group to better serve its customers in both new and existing markets.
 
Enhancing Service Offerings and Customer Experience
 
With the addition of BudgetOil.com, Pilgrim Oil Group is set to enhance its service offerings significantly. Customers of both companies can expect expanded access to a broader range of heating oil products, propane, and diesel delivery services, coupled with the latest technology to streamline ordering and delivery processes. The goal is to provide a more seamless, customer-centric experience while maintaining the high standards of reliability and affordability that both brands are known for.
 
This acquisition also paves the way for Pilgrim Oil Group to explore new innovations in energy delivery, including environmentally friendly solutions that align with the industry’s ongoing shift toward sustainability. By leveraging BudgetOil.com’s established infrastructure and Pilgrim Oil’s expertise, the newly combined company will continue to evolve its service offerings to meet the changing needs of its customers.
 
A Vision for National Expansion
 
The merger signifies Pilgrim Oil Group’s commitment to expanding its footprint beyond its traditional markets. With BudgetOil.com’s stronghold in the Northeast, Pilgrim Oil Group is now poised to increase its market share in key regions across the U.S. The company plans to build on the success of BudgetOil.com by introducing its full suite of products and services to a wider audience. This will not only include heating oil but also propane and on-site diesel services, ensuring Pilgrim Oil Group becomes a go-to provider for energy needs across multiple sectors.
 
By scaling operations and increasing its national presence, Pilgrim Oil Group aims to become a leading player in the energy market, delivering superior value through competitive pricing, exceptional service, and innovative solutions.
 
Leadership’s Vision for Growth
 
John Cardinale, President of Pilgrim Oil Group, emphasized the importance of the acquisition in the company’s overall growth strategy. "We are thrilled to welcome BudgetOil.com into the Pilgrim Oil Group family. This merger represents a significant milestone in our efforts to strengthen our position in the market and better serve our customers. By combining the strengths of both companies, we are well-positioned to expand our offerings and deliver even greater value to the communities we serve."
 
The merger between Pilgrim Oil Group and BudgetOil.com is built on a shared commitment to quality, reliability, and customer satisfaction. Pilgrim Oil Group is dedicated to upholding the legacy of excellence established by BudgetOil.com while driving forward with new opportunities for growth and innovation. Together, the companies will continue to deliver the high level of service that their customers have come to expect while exploring new ways to meet the evolving demands of the energy sector.
 
As the two companies unite, Pilgrim Oil Group is eager to take the next step in its journey toward becoming a national leader in the heating oil, propane, and on-site diesel markets.