Lykins Energy Solutions sells 3 divisions to 3 buyers
N/AOUTCOME: Sale of assets of private company to 3 strategic buyers
A Nelson Mullins M&A deal team led by Rhys Wilson represented Lykins Energy Solutions in the sale of its commercial fuels, heating oil and propane, wholesale fuels and electricity divisions to three bu ... yers: World Fuel Services, a public company, acquired the commercial fuels, heating oil and propane (bulk fuels) division; Colonial Oil Industries, Inc., a private strategic buyer, acquired the wholesale fuels business; and Shipley Choice LLC, a private strategic buyer, has acquired the electricity business.
