Parkland Corporation Acquires Lynch Oil Assets in Idaho
November 11, 2021
Parkland Corporation, through its U.S. subsidiaries (Parkland USA), entered into an agreement to acquire substantially all assets of Lynch Oil and certain affiliates. The asset purchase adds over 180 million litres of annual fuel sales and multiple retail and supply assets in southern and central Idaho, strengthening Parkland's convenience retail network and regional supply position.
- Buyers
- Parkland Corporation, Parkland USA (wholly-owned U.S. subsidiaries)
- Targets
- Lynch Oil
- Sellers
- Lynch Oil (family owners)
- Industry
- Energy
- Location
- Idaho, United States
- Transaction Type
- Buyout
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