2 Sep 2019, 22:57 (Ref:3925479)
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#9
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Race Official
1% Club
Join Date: Dec 2002
Posts: 46,651
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Quote:
Originally Posted by cavvy
https://www.fullyloaded.com.au/produ...fuel-expansion
Mega marks retail fuel expansion
Mega is expanding its services
Bulk fuel solutions company Mega Fuels is expanding into the retail space with the opening of its first service station in Rocklea, Brisbane.
The Australian-owned and operated supplier, which also operates its own B-souble fleet, says the 1384 Ipswich Road location is the first in a planned rollout of Mega fuel stations along the eastern seaboard.
Its transition into retail fuel follows its operation supplying bulk fuel for a number of years.
It underwent a phase of acquisitions throughout 2019, it says, taking control of a number of fuel distribution companies to bolster its bulk fuel distribution capabilities and establish a network that can support the retail rollout.
The opening is set for Saturday, July 20.
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I have read that too... and others like it... there is/was an IPO in the offing as well for Mega... starting a business from scratch in the spot fuel supply business is truly a long term game, and is definitely a cash hungry opportunity... There are plenty of traders in that space, some with, some without the transport systems infrastructure attached (many are spot contracted also..)
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