Business View Magazine - July 2024

Parman Holdings Corporation is the parent company of Parman Energy Group, LLC and Parman Tractor & Equipment, LLC. The Parman name has been synonymous with petroleum distribution and reliable service, in the southeast, since the 1930’s. Parman Energy is one of the largest Chevron Lubricants distributors in the country and is a Chevron 1st Source Elite marketer. Parman Tractor & Equipment completements the legacy business with the sales, service and rental of construction, agricultural, dewatering and utility rerouting equipment. Our ESOP journey began in 2015, when our legacy operating company Parman Energy was sold to the employees. In the years following, Parman Energy continued to grow organically and through acquisitions which provided the opportunity for the creation of Parman Holdings. In 2019, Parman diversified the business platform and expanded our ability to ensure the sustainability of wealth creation for our owners, the employees. Parman Holdings continues to pursue opportunities to help owners establish a succession plan while maintaining the culture and care they have built over the years. Parman Holdings has a team of professionals experienced in the complex processes and ongoing maintenance of being employee-owned. www.parmanenergy.com www.parmantractor.com www.parmancorp.com EMPLOYEE-OWNED, CREATING OPPORTUNITIES PETROLEUM PRODUCTS UTILITY REROUTING CONSTRUCTION & AGRICULTURE EQUIPMENT