Parkland Corporation, a conviencience store operator, supplier, and marketer of fuel and petroleum products, has purchased the assets and certain affiliates of Urbieta Oil Co. The purchase complements Parkland’s existing commercial business in Florida.
Urbieta Oil is an established, family-owned and operated retail, convenience and fuel distribution business bringing 94 locations to the Parkland Corporation.
“This acquisition advances our growth strategy to increase our convenience retail presence in a region where we have had success with fuel supply and commercial operations,” said Doug Haugh, president of Parkland USA. “Adding the Urbieta stores nearly doubles our U.S. retail business, provides immediate scale in a resilient, fast-growing market, and creates opportunity to meet customers’ needs through our ON the RUN convenience brand”.