Formula and Convenience Operations LLC, a completely owned subsidiary of Shell Oil Products US (Shell), has accomplished the acquisition of certain company-owned gasoline and comfort retail sites from the Landmark group of firms (Landmark). The acquisition also includes supply agreements for the independently operated fuel and convenience websites.
Building on the strength of its present networks, this acquisition brings Shell closer to its clients and enhances Shell’s market presence by growing its mobility footprint in a key region in the U.S., which is amongst the largest fuels and convenience retail markets on the planet.
With this acquisition, Shell is advancing its Powering Progress technique in three ways: by rising its retail footprint in a core market, by providing alternatives to offer prospects expanded fuelling choices (including electrical automobile charging, hydrogen, biofuels and lower-carbon premium fuels) and by permitting for the expansion of non-fuel sales through an enhanced convenience providing.
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