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SHELL retail outlets acquired in Chicago

Source: Planet Retail | Posted / Last update: 22-07-2010

US-based petroleum distributor RM Petroleum - along with its affiliated real estate holding company Riteline Properties - has acquired 15 Shell retail locations in the greater Chicago area from Equilon Enterprises LLC, dba Shell Oil Products US

According to local press reports, RM Petroleum has the right to supply those locations and is planning to operate or lease the locations under the Shell brand. RM Petroleum already owns or operates several other Shell-branded locations in Illinois and Wisconsin, and intends to continue expanding the Shell brand to nearby markets. Expansion plans include building new-to-industry locations and converting existing retail locations to the Shell brand.

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