OTR ENTERS AGREEMENT TO ACQUIRE PUMA SERVICE STATIONS IN THE NORTHERN TERRITORY

OTR has entered into an agreement with Chevron Australia Downstream to acquire its Puma branded service stations in the Northern Territory.

In addition, Mogas Regional, which is owned and operated by OTR’s parent company Peregrine Corporation, has entered into an agreement to acquire Directhaul Pty Ltd and related commercial supply and haulage business assets.

As part of the agreement, Mogas Regional will own and manage Directhaul and work closely with Chevron Australia Downstream to distribute its products to customers in the Northern Territory.

The sale is expected to be completed by March 2023.

ABOUT OTR

OTR is proudly Australian-owned and operated. The parent company, Peregrine Corporation, is South Australia’s largest private employer, employing more than 6,500 staff. OTR is the state’s most innovative and leading convenience retailer with more than 180 stores across metropolitan and regional South Australia, metropolitan and regional Victoria, Tasmania, and Western Australia.