SEI Fuels acquires Shell-branded fuel business in New Orleans
Fuel distributor SEI Fuel Services Inc. (SEI Fuels) has announced the purchase of the Shell wholesaler LavigneBaker Petroleum, in a deal signed July 16.
With this operation 7-Eleven subsidiary SEI Fuels will now own Shell-branded gas stations across New Orleans.
Since 2012, SEI Fuels has purchased four other wholesale businesses and now sells more than 600 million gallons of fuel annually to open dealers. With this transaction SEI Fuels has entered the New Orleans area market as the largest Shell-branded distributor, supplying approximately 60 branded locations.
Lavigne Baker LLC is a Shell-branded gas station operator jointly owned by Slidell Oil Company and Lavigne Oil Company.
Lavigne Oil Company has been a Shell wholesaler since February of 2006, with annual volume of about 20 million gallons, while Slidell Oil has been supplying Shell stations for 58 years.