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PAPCO, Inc. (“PAPCO”), which services retail, commercial and industrial customers with fuel, price-risk management products, and fleet card solutions throughout the Mid-Atlantic region of the United States. PAPCO is headquartered in Virginia Beach, VA, with 150 employees and 2015 revenue of $1 billion and APP is headquartered in Tacoma, WA, with 275 employees and 2015 revenue of $600 million. Both are leading distributors of gasoline, diesel, lubricants, propane and related services in their respective regions.
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