Parkland Corp., a Galgary, Alberta, Canada-based fuel distributor and convenience store operator, through its subsidiary Parkland USA, has entered into an agreement to acquire Sevier Valley Oil Co. Inc. of Richfield. The deal includes all of Sevier Valley’s related companies.
Sevier Valley is a retail and commercial fuel business with operations in Southwestern Utah along with a presence in Northern Utah and Colorado. The acquisition includes seven company-owned retail locations and over 20 retail dealers in addition to a diesel and lubricant distribution business.
“We continue to expand our U.S. footprint and execute on our growth strategy,” said Doug Haugh, president of Parkland USA. “This acquisition meaningfully expands our retail presence in rapidly growing Southern Utah and presents a fantastic opportunity to leverage our North American On the Run convenience store brand, enhance our customer proposition and drive incremental value. We are delighted to welcome Garrett Ekker and the SVO team to Parkland and look forward to the continued growth of our USA business.”