ORANGE, Calif. -- SC Fuels, through its Southern Counties Oil Co., has acquired approximately 28 Shell-branded retail locations in the San Francisco Bay area and has made separate offers on an additional 28 individual locations operated by retailers that are subject to the retailers' rights of first refusal under California law.
This deal includes the right to supply six Shell-branded retail locations owned by independent dealers. All sites will continue to operate under the Shell brand and will continue to sell Shell-branded fuels.
In 2005, Shell Oil Products [image-nocss] US announced its strategy and has been moving forward with it to transition markets from a direct-delivered fuel model to a wholesale-delivered model. The changes are transparent to consumers and services are not interrupted.
"This acquisition fits well with our strategic plan to grow and expand our branded wholesale business. We are excited about completing this deal with Shell. We see this as a great opportunity to provide best-in-class service to these dealers in the Bay Area and to further enhance the Shell brand," said Frank Greinke, owner and CEO of Orange, Calif.-based SC Fuels.
SC Fuels is a family-owned and -operated company and has been a major provider of petroleum products and services in the western United States since 1930. It distributes branded and unbranded gasoline and diesel fuel, heating oil, lubricants and alternative fuels.
Shell Oil Products US, a subsidiary of Shell Oil Co., Houston, is a leader in the refining, transportation and marketing of fuels, and has a network of approximately 6,100 branded gas stations in the western United States. Shell Oil is an affiliate of the Shell Group. Shell Oil s a 50% owner of Motiva Enterprises LLC, along with Saudi Refining Inc. Motiva refines and markets branded products through more than 8,300 Shell-branded stations in the eastern and southern United States. Royal Dutch Shell plc is incorporated in England and Wales and has its headquarters in The Hague.
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