M&A Deal Summary

Parkland Acquires Lynch Oil

On November 11, 2021, Parkland acquired chemicals company Lynch Oil

Acquisition Highlights
  • This is Parkland’s 1st transaction in the Chemicals sector.
  • This is Parkland’s 10th transaction in the United States.
  • This is Parkland’s 1st transaction in Florida.

M&A Deal Summary
Date 2021-11-11
Target Lynch Oil
Sector Chemicals
Buyer(s) Parkland
Deal Type Add-on Acquisition

Target

Lynch Oil

Kissimmee, Florida, United States
Lynch Oil distributes diesel, gasoline, lubricants, and services in the Central Florida area. Lynch Oil is operating 4 warehouses and a satellite office, serving Florida Coast to Coast with 75+ trucks delivering to 36 counties. Lynch Oil was founded in 1923 and is based in Kissimmee, Florida.

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Buyer(S) 1

Buyer

Parkland

Calgary, Alberta, Canada
Category Company
Founded 1977
Sector Oil/Gas Exploration
Employees3,051
Revenue 32.5B CAD (2023)
DESCRIPTION

Parkland is an independent marketers of fuel and petroleum products. It deliver gasoline, diesel, propane, lubricants, heating oil and other high quality petroleum products to motorists, businesses, households and wholesale customers in Canada and the United States. Parkland was founded in 1977 and is based in Calgary, Alberta.

DEAL STATS #
Overall 14 of 15
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 12 of 13
State (Florida) 1 of 1
Country (United States) 10 of 10
Year (2021) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-11 Lynch Energy

Burley, Idaho, United States

Lynch Energy is a supplier and marketer of fuel and petroleum products. Lynch's operations are concentrated in southern and central Idaho. Lynch Energy was established in 1923 and is based in Burley, Idaho.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-18 M&M Food Market

Mississauga, Ontario, Canada

M&M Food Market is a premium, restaurant-quality frozen food retailer that brings convenient food choices to Canadians. M&M products include delicious and convenient options across virtually every food category including appetizers, prepared meals, seafood, meats and poultry, vegetables, sides, bakery, and desserts, and come in formats ranging from individual portions to family-sized options. M&M Food Market was founded in 1980 and is based in Mississauga, Ontario.

Buy -
Mergr

Product

Company

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