Schenck Fuels Is Sold
Schenck Fuels Services, a family-owned East Hampton company that has provided oil supply and home heating services to residents of the town since 1902, was sold on Friday to the Star Group, a publicly traded corporation based in Stamford, Conn.
The Star Group, through its subsidiary Petro Home Services, provides home heating products and services to residential and commercial customers from Maine to Georgia, including multiple towns on Long Island.
Anthony Silecchia, a vice president of operations and acquisitions at the Star Group, said that Chris Schenck and Rodney Herrlin, the current owners of Schenck Fuels, would no longer be involved with the company. Neither Mr. Schenck nor Mr. Herrlin responded to requests for comment.
Customers of Schenck Fuels can expect business as usual, said Joseph McDonald, a senior vice president of sales and marketing at the Star Group. "There won't be much of a transition," he said. "We want to keep the business running as is." The new owner is planning to invest more resources into the business, he said.
Mr. Silecchia said it was Schenck Fuels commitment to its community that made it an attractive acquisition. "The customers are neighbors, and that's the kind of business that fits with us," he said.
The terms of the sale were not disclosed.