trending Market Intelligence /marketintelligence/en/news-insights/trending/9_0kH9UhSNNbfGEi8oASwg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Parkland Fuel to acquire Kellerstrass Oil

客户案例:跨国公用事业公司有效增强对新客户信用风险的认知

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper


Parkland Fuel to acquire Kellerstrass Oil

Parkland Fuel Corp.'s U.S.-based subsidiaries, collectively known as Parkland USA, agreed to acquire the entities and assets that make up Kellerstrass Oil Co. for an undisclosed amount, according to a Jan. 16 news release.

The acquisition will bring in a strategic 17-car rail spur and storage assets as well as commercial card locks and an 84-location dealer business. Parkland Fuel said Kellerstrass will complement and strengthen the company's Rockies Regional Operating Center. The deal will be funded by Parkland's existing credit facility capacity.

"We continue to deliver on our growth strategy and expand our U.S. footprint," Parkland USA President Doug Haugh said in the release. "We expect this acquisition will support the growth of our North America diesel platform, create supply efficiencies and deliver logistical benefits."

In December 2019, Parkland USA closed the acquisition of Montana fuel distributor Mort Distributing Inc. In early October 2019, the company closed the acquisition of Miami-headquartered Tropic Oil Company Inc.

Kellerstrass Oil is a regional retail dealer and commercial fuel business with branches in Utah, Idaho and Wyoming.