Global Fuels to acquire Canadian retail fuel business of Brookfield-backed Greenergy.

Global Fuels, a fuel supplier, agreed to acquire Canadian retail fuel business of Brookfield-backed Greenergy, a British petrol and diesel distributor. Financial terms were not disclosed. "This acquisition is a perfect fit for us. It is consistent with our strategy to develop the leading gas station network in Canada while deepening our relationship with Imperial as a strategic Branded Wholesaler of the Esso, Mobil, and Esso Cardlock business. We look forward to collaborating with Loblaw and the PC Optimum loyalty team to continue to serve our customers and deliver the most compelling value proposition in the industry," Dave Armstrong, Global Fuels CEO.