ValvTect acquires Michigan fuel-additive supplier

ValvTect Petroleum Products said today that it acquired Michigan-based Energy Additives.
Author:
Updated:
Original:

ValvTect Petroleum Products of Northbrook, Ill., said today that it acquired Michigan-based Energy Additives Inc., a supplier of LPG/propane fuel additives and the exclusive distributor of Blue Moon propane filtration systems.

“Energy Additives patented LPG/propane additives, and Blue Moon filtration systems are natural extensions to ValvTect’s line of diesel, gasoline and biocide fuel additives. As many of our distributors now market propane, these products that improve the burning characteristics of LPG/propane will provide an opportunity to supply a higher-quality propane and improved consumer experience,” ValvTect Petroleum founder Jerry Nessenson said in a statement.

“My wife, Nancy, and I have operated Energy Additives since 1984. Merging the business with ValvTect allows us to expand the distribution of our products to ValvTect’s huge distributor base,” Energy Additives president Lloyd Lack said.

ValvTect president Marvin Griffin said the company will service existing Energy Additives domestic and international customers and expand the line to its own distributors.

Related

Tommy’s Slalom Shop Adds Dealer

Boulder Boats has locations in Nevada, Arizona and California.

Trade Only Today Returns Tuesday

The daily e-newsletter will not publish Monday, Jan. 18, in observance of Martin Luther King Day.

Mercury and Crownline Make Supply Pact

Under the agreement, Mercury will be the exclusive outboard and sterndrive supplier for the boatbuilder.

Sea Tow Makes Executive Appointment

Thomas Spina, who has more than 25 years of maritime experience in a variety of roles, was named vice president of franchise operations.

Quick Hits: January 15, 2021

IBEX seeks proposals for session topics; Sensible Yacht Cordage changes hands

Godfrey Marine to Host Virtual Showcase

The event is to take place Jan. 23 and will include Godfrey pontoons and Hurricane deckboats.

Boat Shows Throttling Up

2021 is bringing a new paradigm to the winter boat show season.

Correct Craft Plans Expansions

The moves will allow additional growth for Nautique, Supreme, Ingenity and Watershed Innovation.