strengthens retail convenience network and supply advantage CALGARY, AB, Nov. 11, 2021 /PRNewswire/ - Parkland Corporation ("Parkland", "we", "our", or "the Company") (TSX:PKI) is pleased to announce that through its wholly-owned U.S. subsidiaries (collectively, "Parkland USA"), it has entered into an agreement to acquire substantially all of the assets of Lynch Oil and certain of its affiliates (collectively, "Lynch"). This acquisition strengthens our growth platform across the Pacific Northwest and complements our existing retail, commercial and wholesale businesses in Idaho.
"This acquisition advances our strategy by strengthening our retail convenience network and supply advantage in a growing market where we already have a significant presence," said Doug Haugh, President of Parkland USA. "We are excited to welcome the Lynch team to Parkland and look forward to growing our customer base and providing them with the quality products and exceptional service they expect."
https://www.prnewswire.com/news-releases/parkland-strengthens-retail-convenience-network-and-supply-advantage-with-acquisition-in-its-growing-pacific-northwest-region-301422662.html