The papers were signed Tuesday in an acquisition of locally owned Taku Oil Sales Inc. by global fuel company Crowley Maritime Corp.
Taku Oil, run by the Jacobsen family in Juneau since 1953, was the only locally operated bulk fuel sales company in town. The sale is effective immediately.
Taku Oil President Jeff Hansen married into the Jacobsen family and began working for the company in 1987.
“It just seemed like a great opportunity for me to keep the business in the family for a little longer,” he said.