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USA: Refuel to acquire Holmes Oil

November 12, 2020

Refuel Operating Company will acquire Holmes Oil, a North Carolina-based convenience store and fuel distribution business.

Refuel is a South Carolina-based retail and wholesale fuel distribution and convenience store business and portfolio company of First Reserve.

Holmes Oil owns and operates 26 convenience stores located in the greater Raleigh-Durham market operating under the “Cruizers” brand and also operates a wholesale distributorship for ExxonMobil and Valero motor fuels.

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