Bankruptcy Court OKs Sale Of Fuller Oil

Nov 26, 2014

A Fred Fuller Oil truck.
Credit flickr

Trucks will be rolling Wednesday to former Fred Fuller Oil customers, after a bankruptcy court judge approved the sale of the company to Rymes Propane & Oil Tuesday.

Rymes propane Co-owner Jon Rymes said the transition would be seamless once the deal was approved, with his company prepared to service Fuller’s roughly 28,000 customers.

Rymes will also be taking on nearly 100 former Fuller employees.

Fuller Oil had been one of the state’s largest home heating oil suppliers, but ran into financial trouble last winter after coming under scrutiny for reports of numerous delivery delays.

The company filed for bankruptcy earlier this month.

In a statement, Governor Maggie Hassan praised the deal, saying it ensures Fuller’s pre-buy customers will have access to heating oil for the winter.

Roughly 2,300 Fuller customers had pre-bought oil for the season.