M&A Deal Summary

PetroCard Acquires MNOP

On December 1, 2021, PetroCard acquired distribution company MNOP

Acquisition Highlights
  • This is PetroCard’s 1st transaction in the Distribution sector.
  • This is PetroCard’s 1st transaction in the United States.
  • This is PetroCard’s 1st transaction in Oregon.

M&A Deal Summary

Date 2021-12-01
Target MNOP
Sector Distribution
Buyer(s) PetroCard
Deal Type Add-on Acquisition

Target

MNOP

Salem, Oregon, United States
MNOP is a distributor of quality lubricants and operates several facilities including a large warehouse facility adjacent to its main office location. MNOP was founded in 1936 and is based in Salem, Oregon.

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Buyer(S) 1

Buyer

PetroCard

Kent, Washington, United States

Category Company
Founded 1985
Sector Distribution
DESCRIPTION

PetroCard is a fuel distributor in the Pacific Northwest, PetroCard has supported the mobility of essential goods and services for decades. PetroCard is a commercial fuel cardlock operator in the Northwest and is committed to growing its network of Pacific Pride and CFN stations, retail network options, and on–site mobile fueling services for commercial fleet customers. PetroCard was founded in 1985 and is based in Kent, Washington.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1