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EzFill Holdings, Inc. Successfully Closes Acquisition of Shell Fleet, Accelerating Nationwide Mobile Fueling Expansion
EZFLEzFill (EZFL) Globenewswire·2025-01-07 13:30

Core Insights - EzFill Holdings, Inc. has completed the acquisition of a fleet of trucks from Shell, enhancing its operational capacity and expanding its service areas in Texas and Arizona [1][2][3] - The acquisition adds 73 trucks to EzFill's fleet, increasing the total to 139 trucks, which is expected to enable the delivery of approximately 16 million gallons of fuel in 2025 [2][3] - EzFill now operates in 14 markets across 6 states, aiming to deliver over 26 million gallons and generate more than $100 million in revenue in 2025 [3] Company Expansion - The transaction closed on December 27, 2024, allowing EzFill to officially commence operations in four new markets: Phoenix, San Antonio, Houston, and Austin, while expanding in Dallas [2] - The company has grown from a small operation with four trucks in Miami Beach to a significant player in the mobile fueling industry with a fleet of 139 trucks [3] Strategic Goals - EzFill's CEO emphasized the importance of fleet expansion and market entry as milestones towards achieving national operations and a strong market presence [3] - The company is focused on driving innovation, scaling its service model, and enhancing customer value across its expanding national footprint [3]