Crystal Flash, Inc. Acquires Illinois-based J-M Transports, Inc.
Family-owned fuels and propane transport provider J-M Transports is Crystal Flash’s first acquisition outside the state of Michigan and establishes the company’s new Midwest Transportation Office.
November 4, 2021 (GRAND RAPIDS, MI) — Crystal Flash, Inc., a Grand Rapids, Michigan-based energy distribution company serving residential, commercial and agricultural customers, has acquired J-M Transports, Inc. (JMT) of Newark, Illinois. JMT, founded in 1983 by Barry Jacobson, is a fuels and propane transport provider serving Illinois, Indiana, Kentucky, Michigan and other Midwestern states.
“As we began the sale process, it became evident that Crystal Flash would provide the perfect fit for our valued employees. We are happy that our employees will have the opportunity to flourish as employee owners of Crystal Flash,” said JMT founder Barry Jacobson.
Crystal Flash, Inc. President/CEO Tom Olive welcomed the news, “We are humbled and thrilled the Jacobson family is entrusting their 38-year labor of love and hard work to the employee owners of Crystal Flash; Barry and Joan have built a strong business with exceptional professional drivers focused on safe customer service. We are excited for Brad and Jeff Jacobson to continue leading our new Midwest division and look forward to working together to grow the business.”
Brad Jacobson, who will serve as Senior Operations Manager of the new Crystal Flash Midwest Transportation Office said, “We are proud to join the Crystal Flash team and look forward to continuing to provide our customers with the same level of service they have come to expect from J-M Transports.”
Olive added, “The employee owners of Crystal Flash are excited to welcome the JMT drivers, dispatchers and management to our team. We look forward to delighting our customers with quality service and safe deliveries for many years to come.”
ABOUT CRYSTAL FLASH, INC.
Based in Grand Rapids, Michigan, Crystal Flash, Inc., is a 100% employee-owned energy distribution company serving residential, commercial, and agricultural customers across Michigan and other Midwestern states. Established in 1932, Crystal Flash specializes in the sale and distribution of propane, diesel, gasoline, and lubricants. The company currently has over 300 employee owners and is one of the largest independently owned energy suppliers in the state of Michigan.
ABOUT J-M TRANSPORTS, INC.
Based in Newark, Illinois, J-M Transports, Inc. (JMT) was established in 1983 and is a fuels and propane transport provider serving the Midwestern U.S.
FOR MORE INFORMATION:
Ray Duimstra, Director of Corporate Development & Strategic Acquisition
616-365-3276 (Direct), 616-581-3110 (Text/Mobile)
Shown: Crystal Flash President/CEO, Tom Olive and J-M Transports Founder, Barry Jacobson.