Arctic Directory: Crowley completes acquisition of Taku Oil Sales

Crowley’s Alaska fuel sales and distribution company, CPD Alaska, LLC, has completed its acquisition of Juneau-based Taku Oil Sales Inc. Taku, founded in 1953 by Clarence E. Jacobsen, is a well known and respected local fuel company that has been serving the Southeastern Alaska community of Juneau for more than 50 years.

Jeff Hansen, president of Taku, and the Jacobsen family are leaving the oil business to pursue other interests. The company operates a 2.5 million-gallon bulk fuel storage terminal, a deep-water marine fuel dock and two service stations in the Juneau area.

While the leadership at Taku will change, the company will continue to provide great products and services under the Taku brand name. The company’s 13 employees have been welcomed as new members of the Crowley team.

“The owners of Taku Oil Sales are very happy to have made this arrangement with Crowley. We feel like it is the best thing that could have happened for our employees and for the community of Juneau,” said Jeff Hansen, president and shareholder of Taku, who will remain with the company for a short period to assist in the transition.

Crowley currently operates 22 fuel terminals in western Alaska and the rail belt, with over 265 employees. This is Crowley’s second acquisition of a southeast Alaska fuel distributor. The company acquired Anderes Oil in Ketchikan on July 1.

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