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Isle 76 stations sold to Tesoro owner

By Erika Engle

POSTED:
LAST UPDATED: 03:06 p.m. HST, Jun 02, 2014


Par Petroleum Corp. will purchase Mid Pac Petroleum LLC, its more than eighty 76-branded gas stations, and other assets for roughly $107 million.

The Houston-based company, that recently closed on the purchase of Tesoro Hawaii LLC, expects the deal to close in the third quarter of this year, according to a statement.

Mid Pac, whose parent company is Koko'oha Investments Inc., is the exclusive licensee of the 76 brand in Hawaii and operates four terminals across the island chain.







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Pocho wrote:
Does this transaction have to go thru the PUC? or is it a done deal?
on June 2,2014 | 01:45PM
primowarrior wrote:
Less competition in the local gas market. Just what we need.
on June 2,2014 | 04:36PM
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