Norwegian fuel retailer and convenience store operator Statoil Norge has signed a wholesaler agreement with NorgesGruppen-ASKO for the distribution of food and newsstand merchandise, in addition to purchase assistance in Norway. The three-year agreement has a total value of almost NOK3 billion.
The agreement covers wholesale services for food and newsstand merchandise distribution, in addition to purchase assistance in Norway for the Statoil chain’s 430 mini markets in Norway. The agreement has a total value of some NOK940 million in the first year.
StatoilNorge noted that it signed the framework agreement with NorgesGruppen-ASKO after approximately one year of preparations.
Statoil Norge noted that this is the largest purchase contract that it is has ever signed and that it is an important development for its franchisees.