USA: American Natural Retail Agrees Price for Mon Valley Takeover |
| Tuesday, 18 September 2012 | |
|
American Natural Retail has agreed a price for the takeover of Mon Valley Petroleum, which runs 15 Buy-N-Fly fuel service stations in Pennsylvania. The price of the deal was not disclosed, but is thought to be in the region of $2m.
The transaction is in keeping with American Natural Retail’s aim to expand its network through the purchase of upmarket fuel and convenience outlets. All of the stations purchased are contracted to supply either BP or Exxon fuel. American Natural Retail is known to target stations with already installed compressed natural gas pumps.
PetrolWorld 18092012
|