Shell Retail and Convenience Operations LLC (Houston) has acquired 248 fuel and convenience stores from Landmark, which operates the Timewise brand, according to a company press release. An additional 117 independently operated convenience and fuel sites were also part of the deal.
The company says the acquisition will allow them to expand their retail footprint as well as provide an opportunity to guests with “expanding fueling options” like electric car charging stations, among others.
Shell’s Downstream Director Huibert Vigeveno says, “Today’s announcement increases our presence in a core market and shows our growth strategy in action … It brings us closer to more customers and strengthens our ability to meet their rapidly changing needs. The deal also allows us to work hand-in-hand with customers to help shape demand for low-carbon energy products and services while profitably decarbonizing alongside them.”