Quarles Petroleum Inc., a regional provider of residential and commercial fuel headquartered in Fredericksburg, has signed a purchase agreement to acquire Revere Gas, a third generation, family-owned retail propane gas distributor based in Hartfield. The purchase is expected to close by the end of the year.
“The Revere Gas delivery area complements our existing delivery territory in central Virginia and expands our presence in eastern Virginia,” said Quarles Petroleum chief executive officer Paul Giambra. “As family-owned businesses our companies share the same core values of…