Parkland Corporation Acquires Conrad & Bischoff Inc.
February 26, 2021
Parkland Corporation, through its U.S. subsidiaries (Parkland USA), has entered into an agreement to acquire Conrad & Bischoff Inc., establishing a fourth U.S. Regional Operating Center in Idaho Falls, Idaho. The acquisition adds 58 retail sites (19 company-owned), terminal storage capacity (~30 million litres), and approximately 700 million litres of annual fuel and petroleum product volume, expanding Parkland's supply optionality and presence across Idaho and western Wyoming with distribution reach into neighboring states.
- Buyers
- Parkland Corporation (Parkland USA)
- Targets
- Conrad & Bischoff Inc.
- Sellers
- Conrad & Bischoff family / owners
- Industry
- Oil & Gas
- Location
- Idaho, United States
- Transaction Type
- Buyout
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