Croton Holding Co., Pittsburgh, acquired Par Mar Oil and several car washes in Kentucky, Ohio and West Virginia. The company includes 16 quick-service restaurants (QSRs) branded as A&W, Fazoli’s, Quiznos, Subway and Par Mar’s proprietary foodservice.
Croton Holding’s largest holding is Superior Petroleum Co. Croton is rebranding all stores in its portfolio to Par Mar. The acquisition of Par Mar builds upon the recent growth of Croton as a fuel distributor and store operator. It acquired fuels distributor Superior Petroleum Co., which partnered with BP, CITGO, Sunoco and Valero to supply petroleum fuels in Pennsylvania, eastern Ohio, Maryland and West Virginia.
Source: Convenience Digital Resource Library, Technomic
|No. of Stores:||68|
|Average Store Size:||1,700 sq. ft.|
|States of Operation:||Kentucky, Ohio, West Virginia|