Sunoco Completes $9.1 Billion Acquisition of Fuel Retailer Parkland
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Sunoco has successfully completed its acquisition of Parkland Corporation for $9.1 billion. This deal, finalized on October 31, 2025, significantly expands Sunoco’s presence in the convenience store market, particularly in the U.S. and Canada.
The acquisition increases Sunoco’s U.S. convenience store count to about 275.
Parkland operates 650 retail outlets and 1,830 dealer sites, making it the second-largest convenience store operator in Canada.
This acquisition is expected to enhance Sunoco’s cash flow and operational synergies, with projected savings of $250 million by the third year post-acquisition.
This merger marks a significant step for Sunoco in expanding its market reach and operational capabilities in the fuel retail sector.
Sunoco is a leading energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico. The partnership’s midstream operations include an extensive network of approximately 14,000 miles of pipeline and more than 100 terminals. This critical infrastructure complements the partnership’s fuel distribution operations, which serve approximately 7,400 Sunoco and partner branded locations and additional independent dealers and commercial customers. SUN’s general partner is owned by Energy Transfer.
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