The OTR site at Marryatville sold for $4.83m. Picture: Supplied by Burgess Rawson The Shahin family has scored a $25m payday following the sale of three OTR petrol station sites across Adelaide. The family’s Peregrine Corporation retained the freehold real estate as part of its $1.2bn sale of the OTR business in 2024, and late last year brought to market three sites with new long-term leases to the business’s acquirer Viva Energy. After selling two of the sites – at Darlington and Marryatville – at auction in November, Peregrine has wrapped up the sell-off with a $13.8m deal to offload its West Croydon site on Port Rd. That site’s home to a large petrol station and convenience store, Subway eatery and Adelaide’s first Krispy Kreme store and factory. With the Darlington and Marryatville sites fetching $6.015m and $4.83m respectively, the portfolio has brought in a total of $24.645m in total proceeds.…

The launch of Allied Pinnacle’s product range using the high fibre wheat brand, Wise Wheat, has been more than 20 years in the making. Following decades of R&D, the wheat contains six times the fibre of regular wheat flour without impacting the texture or flavour of the finished product. Allied Pinnacle was granted exclusive use of licensed patents for the wheat in 2023 by Arista Cereals, a joint venture between CSIRO and French farmer-led co-operative, Limagrain, that had been researching the grain for 20 years. In Australia, Australian Grain Technologies (AGT) bred the wheat, and it has been grown across New South Wales and Victoria’s wheat belt. Allied Pinnacle CEO, David Pitt, told Food and Drink Business the company is “super excited” to finally be delivering the product to market. “It’s a well-known fact we all have a fibre gap in our diet, it’s a global issue, and here we have a…

While North America’s largest c-store retailer begins building hundreds of food-focused stores, it’s also making more immediate changes to its menu. 7-Eleven appears to be going all-in on foodservice this year. It’s building out its commissary network across the U.S. to make more proprietary prepared foods, has set ambitious growth goals for its delivery arm and, most notably, is building hundreds of larger, food-focused c-stores. Amid its broader focus on food, 7-Eleven keeps rolling out new products, which are appearing on menus at its proprietary QSRs, including Speedy’s Cafe, Raise the Roost Chicken and Biscuits, and Laredo Taco Company; as expansions to its private label line; or through cross-promotional brand partnerships. So far in 2025, the company has employed all three of these launch tactics. Below are several products 7-Eleven has already announced this year as it looks to boost its foodservice reputation. Laredo Taco’s chicken fajita burrito 7-Eleven has introduced a new chicken…

This new flagship service station marks a milestone in Circle K’s eMobility journey with 26 Ultra-Fast charging points and customer-inspired design.  Located southwest of Stockholm in Sweden, Circle K has unveiled its newest flagship service station in Järna, marking a significant milestone in the company’s eMobility journey. Spanning 30,000 square meters and featuring 26 ultra-fast charging points for light and heavy vehicles, the station is Circle K’s largest EV charging location worldwide. And, we’re delighted to reveal that Järna will be one of Circle K’s candidates for our ‘Best EV Hub in the World‘ 2025 competition, sponsored by Vontier and Visa. Hans-Olav Høidahl, EVP European Operations and Global eMobility, commented on the milestone: “Our customers are at the heart of our eMobility journey at Circle K. Our newest location in Järna represents our commitment to making our customers’ EV journey as easy and convenient as possible, offering not only a charging opportunity…

Treasury warned Jim Chalmers the government’s 2023 decision to ramp up tobacco excise would fuel trade in the black market, and that the high cost of legally purchased cigarettes was one of the factors driving a decline in tax revenue. Dr Chalmers announced in May 2023 that the federal government would increase excises by a further 5 per cent per year on top of the normal indexation for three years. This pushed the cost of a pack of 25 cigarettes to about $50 dollars – $34 of which goes to the government. With tobacco excise rates up 282 per cent since 2013, Treasury also admitted the high cost of legally purchased cigarettes was driving a fall in tax revenue. Treasury advice prepared alongside the measure warned the tax rise could have perverse outcomes, despite smoking remaining the leading cause of preventable death in Australia, according to documents released under freedom of information…

Repsol, the Spanish multi-national energy company headquartered in Madrid, is transforming its service stations as a result of the energy transition and digitalisation and aims to outpace the competition in both convenience and mobility. “They are becoming multi-energy centres that offer a wide range of solutions for mobility and consumption of our customers, from renewable fuels and electric charging to the collection points for online purchases,” states Alicia Cruzado Lopez, senior manager Repsol. “Our service stations are incorporating, not only new types of energy and biofuels, but a range of products and services that often don’t have anything to do with our traditional business,” she says. These respond to changing driver behaviours and trends. The improvement in the efficiency of combustion engines has reduced the consumption of fuels, for example; while electric vehicles can now also be charged at home, work, shopping malls, and other public spaces. The result is that…