October 24, 2016 7:45 PM ET

Oil, Gas and Consumable Fuels

Company Overview of The Kenan Advantage Group, Inc.

Company Overview

The Kenan Advantage Group, Inc. and its subsidiaries provide transportation services for petroleum-based products in the United States. It delivers refined petroleum products, such as gasoline, diesel, and aviation fuels. The company offers fuels delivery, and technology and logistics services; and engages in terminal and satellite operations. Its Fuel delivery services include transportation of primarily motor fuels from terminals and refineries to retail locations. As of July 29, 2004, the company had a network of 77 terminals and 93 satellite operations; a fleet of approximately 2,000 tractors and 2,600 tank trailers that deliver 7,200 loads per day; and owned or leased 77 terminals and m...

4366 Mount Pleasant Street NW

North Canton, OH 44720

United States

Founded in 2001

722 Employees





Key Executives for The Kenan Advantage Group, Inc.

Chief Executive Officer and Director
Age: 61
Age: 54
Chief Financial Officer, Principal Accounting Officer, Secretary and Director
Age: 65
Chief Executive Officer of RTL Westcan Group
Chairman of the Board and President of Kenan Transport
Age: 76
Compensation as of Fiscal Year 2016.

The Kenan Advantage Group, Inc. Key Developments

The Kenan Advantage Group Appoints Kirk Altrichter as Vice President of Fleet Services

The Kenan Advantage Group appointed Kirk Altrichter as Vice President of Fleet Services. In his new role, Altrichter will be responsible for the strategic oversight and alignment of KAG’s fleet services to include approximately 6,200 power units and 9,700 trailers. He is also responsible for equipment and parts procurement, building and property acquisition, and general and environmental maintenance. Prior to joining KAG, Altrichter held senior management roles with various transportation companies to include Gordon Trucking, Inc., Schneider National Carriers and most recently, Vice President of Maintenance for Crete Carrier Corporation. He has been in the trucking industry for over 20 years and has extensive experience in fleet services, operations and logistics.

Kenan Advantage Group Reportedly Explores Sale Or IPO

The majority owners of The Kenan Advantage Group, Inc., Goldman Sachs Group, Merchant Banking Division and Centerbridge Partners, L.P. are reportedly exploring a sale or initial public offering, according to people familiar with the matter. The sellers may as soon as next month begins soliciting bids for Kenan while simultaneously preparing it for an IPO, the people said. Kenan could fetch up to $2 billion, including debt, in a sale, they said.

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