Lynch Oil and Associated Companies to be Acquired by Parkland
Lynch Oil, a market leading wholesale and retail petroleum marketer with operations in Southern Idaho, announced today that it and its associated companies has entered into an acquisition agreement with Parkland Corporation (“Parkland”) through its U.S.-based subsidiaries (“Parkland USA”). Parkland is one of North America’s and the Caribbean’s fastest growing independent suppliers and marketers of fuel and petroleum products.
Headquartered in Burley, Lynch Oil was founded almost 100 years ago, in 1923, and is a fourth-generation family-owned business, still operated by the Lynch family. The business owns and operates eight retail sites, two Travel Centers and a rail storage facility in Southern Idaho.