Parkland Corporation's agreement to merge with Sunoco LP aims to enhance market position and operational efficiencies, with a focus on sustainability.

Information on the Target

Parkland Corporation is a prominent international distributor and marketer of fuel, as well as a convenience retailer, operating across twenty-six countries in the Americas. The company efficiently meets the fuel and convenience needs of consumers through its extensive retail network. Furthermore, it supplies businesses with essential fuels to facilitate operations, complete projects, and enhance customer service. Parkland also focuses on environmentally sustainable solutions, offering renewable fuel producing, ultra-fast electric vehicle charging, and various carbon credit and renewable energy options.

With approximately 4,000 retail and commercial sites in Canada, the U.S., and the Caribbean, Parkland has built robust supply, distribution, and trading capabilities that drive growth and enhance business performance. The company’s operational strategy is founded on two pillars: Customer Advantage and Supply Advantage, which aim to provide exceptional customer experiences and cost-effective service delivery, respectively.

Industry Overview in Canada

The Canadian fuel distribution industry is characterized by robust demand driven by both consumer and commercial sectors. The increasing focus on sustainability and the shift towards