OLCO Petroleum Group, Inc. is a marketer and distributor of refined oil products in Canada. It operates gas stationfranchises in the provinces of Ontario and Quebec. It was founded in 1986, and has its headquarters in Montreal-Est, Quebec.[1] The chain had 319 franchised stations: 182 in Quebec, and 137 in Ontario.
The company also offers terminal to wharf connections, dock storage, heating of products, inter-refinery pipelines, ship servicing and handling, bulk storage, tank leasing, product testing, top or bottom loading, rail connection to national networks, loading and unloading of rail cars, warehousing of dry products, product handling, customized and personalized billing, and product blending and injection systems; facilities to receive, transship, store, and deliver products; access by vessel, tank wagons, railcars, and pipeline at Montreal and inter-refineries pipelines; and railcar, truck, and tank linkage.[2]
In 2005, approximately 84% of the class A shares in the capital stock of OLCO were beneficially owned by Mayfred Canada Ltd.[3] In February 2007, 60 per cent of the company was purchased by Morgan Stanley, a U.S. investment bank.[4]
As of 2022, many OLCO stations have been converted into other brands, leaving few that are still around. [5]
olco, petroleum, group, marketer, distributor, refined, products, canada, operates, station, franchises, provinces, ontario, quebec, founded, 1986, headquarters, montreal, quebec, chain, franchised, stations, quebec, ontario, company, typeprivateindustryoil, p. OLCO Petroleum Group Inc is a marketer and distributor of refined oil products in Canada It operates gas station franchises in the provinces of Ontario and Quebec It was founded in 1986 and has its headquarters in Montreal Est Quebec 1 The chain had 319 franchised stations 182 in Quebec and 137 in Ontario OLCO Petroleum Group Inc Company typePrivateIndustryOil and petroleumFounded1986 38 years ago 1986 HeadquartersMontreal Est Quebec CanadaProductsFuels Lubricants PetrochemicalsOwnerMorgan Stanley 60 Olco station in Stoneham QuebecThe company also offers terminal to wharf connections dock storage heating of products inter refinery pipelines ship servicing and handling bulk storage tank leasing product testing top or bottom loading rail connection to national networks loading and unloading of rail cars warehousing of dry products product handling customized and personalized billing and product blending and injection systems facilities to receive transship store and deliver products access by vessel tank wagons railcars and pipeline at Montreal and inter refineries pipelines and railcar truck and tank linkage 2 In 2005 approximately 84 of the class A shares in the capital stock of OLCO were beneficially owned by Mayfred Canada Ltd 3 In February 2007 60 per cent of the company was purchased by Morgan Stanley a U S investment bank 4 As of 2022 many OLCO stations have been converted into other brands leaving few that are still around 5 References edit Businessweek com insideview com Globeinvestor com June 22 2005 Reuters com 13 February 2007 Paquet rapatrie la gestion de 27 stations service Olco nbsp This article about a natural gas or petroleum related company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title OLCO Petroleum Group amp oldid 1147951509, wikipedia, wiki, book, books, library,
