Harper Oil, HOP Shops Sold to Owensboro Company
A family business operated in Northern Kentucky since 1955 has been sold.
Florence-based Harper Oil Products, Inc. and Harper Properties, Inc. were sold to Owensboro-based Valor Oil, the companies announced Monday. The sale is effective April 1.
“We at Valor Oil can’t tell you how excited we are to have this opportunity to continue the work of such well-respected and well-run businesses," said Valor Senior Vice President Josh Emmick.
The Harper family has worked as wholesale petroleum distributors and convenience store operators in the local region since 1955. Harper Oil Products, Inc. provides services to retail fueling stations, commercial, industrial, agricultural, oil heat and governmental customers with unbranded and branded fuels and lubricants. Harper Properties owns HOP Shops in Ft. Mitchell, Florence, Walton, Verona, Crittenden, Williamstown, Owenton, Carrollton, and La Grange, and one Dairy Queen Grill & Chill location in Walton.
"I can’t be happier that my good friends Gary and Josh Emmick at Valor will be carrying on the traditions we’ve tried to honor through our careers and will be doing so in Northern Kentucky with the same talented staff our valued customers, vendors and communities where we operate have come to expect," said Harper Oil chairman and president Steve Harper, in a post to Facebook.
Valor Oil is a third-generation family-owned company based in Owensboro and is a full-line petroleum distributor. Valor will now have physical presence in Owensboro, Bowling Green, Louisville, Florence, and Maysville.
Their services provide fuels, additives, lubricants, racing fuels and diesel exhaust fluid (DEF) and other services to gas stations, convenience stores, and a wide variety of businesses in the commercial, industrial, marine, mining, oil heat and farming sectors in Kentucky, central Tennessee, southern Indiana, southern Illinois, and southern Ohio.
Image via Harper Oil