This divestment is in line with Shell’s publicly stated intent to transition retail assets to joint venture and wholesale operations.
Bill Spurgeon, west region general manager of Shell Oil Products US, said: Vintners Distributors has a strong history of growing the Shell brand in California. The company’s lengthy experience as a Shell operator, coupled with its extensive knowledge of the retail fuel market in northern California, will help to strengthen the Shell network in Sacramento.
Nick Goyal, managing member of Nakash Enterprises, said: We’re proud to add these Shell retail locations to our northern California portfolio. Shell is among the most recognized premium retail brands among consumers and all Shell gasolines stop gunky build-up on critical engine parts to help cars perform at their best. Like Shell, we are committed to providing motorists with high-quality fuels and excellent customer service.
