Gull has been successfully operating in the New Zealand fuel market since 1998 and is operationally positioned as a challenger brand. Gull sells around 300ML of transport fuel representing around 5 percent of the New Zealand market. The Mount Maunganui terminal is the largest facility of its type in New Zealand with the total storage of approximately 90ML.
Key Takeaways:
- Gull has been successfully operating in the New Zealand fuel market since 1998 and is operationally positioned as a challenger brand.
- It has 77 retail sites in total, including 55 controlled retail sites (around one-third of sites unmanned) and 22 supply sites. It also provides fuel to numerous commercial (B2B) customers.
- The transaction is scheduled for completion in the second quarter of 2017, subject to New Zealand regulatory approval (New Zealand Overseas Investment Office).
“The transaction is scheduled for completion in the second quarter of 2017, subject to New Zealand regulatory approval (New Zealand Overseas Investment Office).”
http://c-store.com.au/2017/01/05/caltex-purchase-gull-new-zealand/
Leave a Reply