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  6. Croton Holding Co. Acquires Par Mar Oil Co.

M&A Deal Summary

Croton Holding Co. Acquires Par Mar Oil Co.

On April 7, 2016, Croton Holding Co. acquired retailer Par Mar Oil Co.

Acquisition Highlights
  • This is Croton Holding Co.’s 1st transaction in the Retail sector.
  • This is Croton Holding Co.’s 1st transaction in the United States.
  • This is Croton Holding Co.’s 1st transaction in Ohio.

M&A Deal Summary
Date 2016-04-07
Target Par Mar Oil Co.
Sector Retail
Buyer(s) Croton Holding Co.
Deal Type Add-on Acquisition

Target

Par Mar Oil Co.

Marietta, Ohio, United States
Par Mar Oil Co. is an operator of 52 convenience stores, restaurants and car washes based in Marietta, Ohio. The company opened its first c-store in 1979, initially doing business as Par Mar Shop N Save and changed its name to Par Mar Stores in 1987.

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Buyer(S) 1

Buyer

Croton Holding Co.

Pittsburgh, Pennsylvania, United States
Category Company
Sector Retail
DESCRIPTION

Croton Holding Co. is a distributor of petroleum products with 70 convenience stores and gas stations located in and around southwestern Pennsylvania, eastern Ohio, northern Kentucky and West Virginia.

DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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