Condon Companies

Name

Condon Companies

Legal name

Condon Oil Company

Website

https://condoncompanies.com

Company type

Private

Founded year

1928

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Ripon

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Fuel Distribution and Delivery: Distribution and delivery of gasoline and diesel products to branded and unbranded fuel retailers, commercial businesses, agricultural operations, governmental entities, and industrial customers throughout Wisconsin.
2. Retail Fuel Supply: Supply of petroleum products to fuel retailers with operational guidance, leveraging expertise from operating 32 Ultimart Convenience Stores.
3. Lubricants and Oils: Distribution of bulk and packaged lubricants, oils, coolants, fuel treatments, and DEF for automotive, commercial vehicle, and industrial applications.
4. Convenience Store Operations: Operation of 32 Ultimart Convenience Stores throughout central Wisconsin, including fast food locations under A&W and Subway brands.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Condon Companies is a value-added wholesale distributor of gasoline, diesel, lubricants, oils, coolants, and DEF products serving Wisconsin and the upper peninsula of Michigan. It operates an owned fleet of fuel delivery tankers across five Wisconsin terminals and supplies branded and unbranded fuel retailers through partnerships with BP, CITGO, ExxonMobil, Shell, and Clark. The company also operates 32 Ultimart Convenience Stores with A&W and Subway franchises as a vertically integrated retail arm.

Product overview

Condon Companies is a value-added distributor of fuel and lubricants serving Wisconsin and the upper peninsula of Michigan. The company operates three core divisions: Retail Fuel Supply (petroleum marketing and distribution), Fuel Delivery Services (bulk delivery from 150 to 8500 gallons), and the Condon Oil Lubricants Division (bulk and packaged lubricants, oils, and coolants). The company also operates 32 Ultimart Convenience Stores as a branded fuel retailer. The product portfolio includes CITGO Lubricants products (Mile Master, Mystik, Clarion food grade lines) as well as other brands such as Chevron, Mobil, Shell, Service Pro, and Purus. The Keep-Fill Program enables inventory monitoring and automated replenishment across all product lines.

Differentiator

Problem solved

Functional benefit

Brands

• Ultimart: Chain of 32 convenience stores operated throughout central Wisconsin, offering fast food from A&W and Subway locations
• Condon Oil Lubricant Division

Products and services

• Ultimart Convenience Stores A network of 32 company-owned convenience store locations throughout central Wisconsin operated by Condon Companies, offering retail fuel and fast food services including A&W and Subway franchises.
• Condon Oil Lubricants Division Bulk and packaged lubricant, oil, and coolant delivery for automotive, commercial vehicle, and industrial applications serving Wisconsin businesses, with bulk keep-fill inventory monitoring and qualified lubrication system design and installation.
• Retail Fuel Supply Petroleum marketing and distribution services covering the entire state of Wisconsin, assisting fuel retailers with supply needs and operational guidance for branded and unbranded dealers, supported by a Retail Development Team providing guidance on industry market trends, operations, compliance, and brand-specific programs.
• Fuel Delivery Services Bulk gasoline and diesel delivery ranging from 150 to 8,500 gallons throughout central and east central Wisconsin, serving agricultural, commercial, governmental, industrial, recreational, and residential customers, with on-site mobile fueling, portable tank rental, and certified tank installation.

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core and minor.

• BPcoreChannel Partner/ Reseller/ DistributorBrand partnership for petroleum marketing and distribution. Condon Oil Company distributes BP-branded fuel products to fuel retailers throughout Wisconsin.
• CITGOcoreChannel Partner/ Reseller/ DistributorBrand partnership for petroleum products and lubricants. CITGO is both a fuel brand partner and lubricant supplier (Mile Master, Mystik, and Clarion food grade lines) to Condon Oil.
• ExxonMobilcoreChannel Partner/ Reseller/ DistributorBrand partnership for petroleum marketing and distribution. Condon Oil Company distributes ExxonMobil-branded fuel products.
• ShellcoreChannel Partner/ Reseller/ DistributorBrand partnership for petroleum marketing and distribution. Condon Oil Company distributes Shell-branded fuel products.
• ClarkcoreChannel Partner/ Reseller/ DistributorBrand partnership for petroleum marketing and distribution. Condon Oil Company distributes Clark-branded fuel products.
• ChevronminorChannel Partner/ Reseller/ DistributorLubricant supplier partnership. Condon Oil distributes Chevron lubricant products in Wisconsin.
• MobilminorChannel Partner/ Reseller/ DistributorLubricant supplier partnership. Condon Oil distributes Mobil lubricant products in Wisconsin.
• Service ProminorChannel Partner/ Reseller/ DistributorLubricant supplier partnership. Condon Oil distributes Service Pro lubricant products in Wisconsin.
• PurusminorChannel Partner/ Reseller/ DistributorLubricant supplier partnership. Condon Oil distributes Purus lubricant products in Wisconsin.
• A&WminorChannel Partner/ Reseller/ DistributorFast food franchise partnership at Ultimart convenience store locations. Applications accepted at A&W locations.
• SubwayminorChannel Partner/ Reseller/ DistributorFast food franchise partnership at Ultimart convenience store locations. Applications accepted at Subway locations.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Murphy USA: Public, large-scale fuel and convenience retailer focused on Walmart-anchored locations. Comparable in low-cost c-store format, fuel-volume focus, and reliance on major branded supplier partnerships.
• Kwik Trip: Wisconsin-headquartered, family-owned regional operator combining convenience-store retail with fuel distribution and a private-label product portfolio. Directly comparable in geography, vertically integrated model, store-and-terminal footprint, and branded fuel partnerships across the upper Midwest.
• QuikTrip: Private, family-owned regional convenience-store and fuel retailer with multi-state coverage. Comparable through vertically integrated c-store/fuel model, branded supplier mix, and emphasis on operational self-execution at scale.
• Wawa: Private regional convenience-store and fuel chain known for proprietary foodservice and integrated fuel retail. Comparable in family-owned structure, vertically integrated model, and regional concentration of branded fuel/convenience.
• Casey's General Stores: Publicly traded convenience-store chain with in-store foodservice and integrated fuel marketing across the Midwest. Closely comparable operating model — own retail stores plus branded/unbranded fuel supply, foodservice mix, and small-town community footprint.
• Global Partners: Northeast U.S. mid-cap fuel distribution and convenience-store operator. Closely comparable as a regional multi-product fuel and lubricant distributor serving commercial, retail, and wholesale customers through owned terminal infrastructure.

Broad incumbents

• Sunoco LP: Large MLP-scale motor-fuel distributor and c-store partner supplying branded and unbranded fuel across many states. Directly comparable wholesale fuel-distribution business but at materially larger scale and broader geography than Condon.
• Pilot Travel Centers (Pilot Flying J): Berkshire Hathaway–owned highway travel-center operator with bulk fuel distribution. Overlaps with Condon's fuel-distribution and truck-stop-adjacent fueling business, but operates at far larger national scale with broader format.
• Marathon Petroleum: Integrated U.S. downstream/refining/marketing major and one of the largest fuel wholesalers and c-store operators (via Speedway divestiture track record). Comparable through wholesale-branded fuel supply to independent retailers but operates at drastically larger scale.

Others

• CITGO Petroleum: Branded fuel and lubricants supplier and a current Condon partner. Relevant as a major oil-marketer counterpart whose strategic decisions directly shape Condon's branded fuel economics, dealer programs, and lubricant (CITGO Mile Master/Mystik/Clarion) supply.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/mrketupdate

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Condon Companies