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Isle 76 stations sold to Tesoro owner

By Erika Engle

LAST UPDATED: 3:06 p.m. HST, Jun 2, 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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