Case Study
ISO Industries
ISO Industries Division: Phoenix Management Services Client ISO Industries, Inc. is a $250 million fuel and oil distributor that distributes its products to a variety of customers, including, state and local governments, school systems, and commercial businesses. ISO also has a yacht division that distributes diesel fuel to the mega yacht market both domestically as well as abroad. The Company’s operations can be segregated into four main operating units: Ground fuel distribution Bunkering Global yacht fuel distribution Gas, propane, and heating oil distribution Problem The Company operated successfully for many years, but encountered significant losses that resulted from a substantial supply contract that was bid without the benefit of a hedge program, and which therefore exposed ISO to a