Wisconsin Rapids City Times

Top Menu

  • Contact Us
  • E-Editions
  • Subscribe

Main Menu

  • News
    • Around the County
    • Government
  • Covid 19
  • Community
    • Community Calendar
  • Sports
    • Sports News
    • High School Sports Scores
    • Wisconsin Rapids Rafters
    • Wisconsin Rapids Riverkings
  • Arts & Entertainment
  • Obits
  • Opinion
  • Classifieds
  • Business Directory
  • Contact Us
  • E-Editions
  • Subscribe

logo

Wisconsin Rapids City Times

  • News
    • Around the County
    • Government
  • Covid 19
  • Community
    • Community Calendar
  • Sports
    • Sports News
    • High School Sports Scores
    • Wisconsin Rapids Rafters
    • Wisconsin Rapids Riverkings
  • Arts & Entertainment
  • Obits
  • Opinion
  • Classifieds
  • Business Directory
BusinessFeatured
Home›Business›Baltus sells stores to Riiser

Baltus sells stores to Riiser

By Julie Schooley
November 18, 2019
2233
0
Share:

By City Times staff

MARSHFIELD– John Baltus announced on Nov. 14 that Baltus Oil Company’s eight Bread & Butter Shops in Nekoosa, Wisconsin Rapids, Marshfield, and Stratford have been sold to Riiser Fuel Holdings of Wausau.

“I am in my 60s and Riiser is in an expansion mode, so it just made sense to align with them and make the sale happen,” Baltus said.
Baltus says he will maintain his wholesale fuel distribution service.

“It’s going to be kind of a culture shock for us here, to go from about a 145 employees to four, and mostly drivers,” he added.
Baltus says he’s not sure what name you might end up seeing on those Bread & Butter Shops, because of the recent acquisition of Riiser by GPM Investments based in Virginia.

Meanwhile, Baltus says Riiser has hired almost all of the current Baltus employees.
“They’ve hired all of our employees with a few exceptions, where the fit wasn’t right – office-type personnel,” Baltus said. “I think we have one or two office people who are going to move onto something different, because of the new structure, the new organization structure of Riiser and GPM Investments. But, by enlarge, all of our employees have been rehired by Riiser Fuels and GPM will do the same thing, as I understand it.
Baltus says he’s pleased with what his family was able to accomplish through the years.

“It’s been wonderful for my family,” Baltus said. “My dad and my mother, we had a big family of 10 kids in the family. All of the kids worked in the company at one point or another. Everybody learned a lot in the business.

“It has just been fabulous for our family and our tradition, to carry on what our grandfather had started and what my dad and mom did throughout the years. And then, to carry the ball to the third generation and accomplish what we did with my brothers and myself being in this for so many years.

“Really proud of what we brought to the community, and we are even more appreciative of all of those customers, all of those years, who have stuck with us and purchased goods and services from us for over 100 years.”

The Baltus Oil Company can be traced back to 1927, when it began as a single gas station in Marshfield. Over the years the company transformed itself into a company with eight convenience stores and a wholesale fuel distribution business and heating oil.
John and his brothers became third generation marketers when they joined their father Vern in the business in the 1980s. John became president of Baltus Oil in 1993.

Wausau-based Riiser Fuels has grown to a total of 67 stores in Wisconsin while continuing to grow. Baltus says Riiser had approached him about a possible acquisition several times in recent years.

Previous Article

Now That’s Entertainment: Nov. 20 – Nov. ...

Next Article

Cultural Center reaches capital campaign goal

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • FeaturedSports

    Auburndale boys pull away from Assumption

    December 4, 2019
    By Julie Schooley
  • Rapids Police Squads
    FeaturedPolice & Sheriff Calls

    Rapids Police Blotter: Dec. 18-24, 2018

    December 26, 2018
    By kleonhardt
  • Wood County Courthouse
    Court AppearancesFeatured

    Peeping Tom enters plea

    March 28, 2019
    By kleonhardt
  • Around the CountyFeatured

    Railroad maintenance to close two Wood County crossings

    April 28, 2020
    By Julie Schooley
  • FeaturedSports

    Marshfield boys pull away from Rapids

    December 16, 2019
    By Julie Schooley
  • Heart of Wisconsin Chamber of Commerce
    Business

    Chamber to Host Business After Hours at Elk’s Lodge

    August 25, 2017
    By Julie Schooley

About Us


Wisconsin Rapids City Times is published by Multi Media Channels LLC, N2919 County Road QQ Waupaca, WI 54981.

Timeline

  • January 16, 2021

    From the Wood County Health Department: COVID-19 Vaccine Phase Update

  • January 15, 2021

    One dead following head-on collision

  • January 14, 2021

    Riverkings start year on the right foot

  • January 13, 2021

    Local program to offer new sports option for those on autism spectrum

  • January 12, 2021

    Aspirus Health signs agreement to acquire Ascension sites; Stevens Point’s St. Michael’s Hospital included in transfer

Find us on Facebook

Copyright © 2020 Multi Media Channels LLC.
All Rights Reserved. No part of this publication or any of its contents may be reproduced, copied, modified or adapted without the prior written consent of Multi Media Channels LLC.
×