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SOL Investments

Company Summary

Description

S.O.L. Investments is a private international business development and investment consortium with interests in Power, Oil & Gas and Minerals, Infrastructure & Transport Solutions, Airport & Port Management, Telecommunications, and Venture Capital.

Website

http://www.solinvllc.com/

Related Entities

Recent news

  • 10/10/2018 - Parkland Fuel to... (subscriber access)

Company Transactions

Date:
Type: Acquisition

BUYERS:
  • Parkland Fuel Corp
    • SELLERS:
  • Simpson Group
  • SOL Investments
    • DETAILS:

    COST: 1.21 $B

    NOTES:
    Parkland Fuel will acquire 75% stake in SOL Investments and its units for $1.21 billion. The transaction would see Parkland having access to 526 retail gas stations while expanding its presence in the U.S. Gulf and Atlantic coasts. Simpson Group, SOL's parent company, will own a 10% stake of Parkland upon the closing of the transaction which also grants Parkland a call option for the purchase of the remaining 25% of SOL.