On March 25, 2021, Fuelex Energy Ltd. (“Fuelex Energy”) acquired the Esso-branded Key to the Highway (“KTTH”) cardlock business from M.R. Smith Limited (“M.R. Smith”), a provider of quality cardlock fuels and lubricants. As a result of the transaction, Fuelex will now be operating 3 Esso KTTH cardlock locations in the Lower Mainland of British Columbia, as part of a network of more than 160 locations across Canada.
Fuelex Energy is the exclusive wholesale branded distributor of Esso Fuels and Mobil Lubricants in Vancouver, British Columbia and throughout the Lower Mainland.
Miller Thomson advised Fuelex Energy on the transaction with a team led by John Ferber (Corporate/M&A); and comprised of Banreet Garcha (Corporate/M&A); Sharon MacMillan (Transactions & Leasing); Tamara Farber (Environmental); Kevin Plowman (Financial Services); and Ashley Mitchell (Labour & Employment).