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Truenorth Acquires 109 Chicago Shells
TThe stations will continue to fly the Shell banner, according to a company statement. For more than a decade, The Lyden Co. has been a 50 percent owner of Truenorth along with Shell. Truenorth operates and/or supplies 212 sites in Ohio and Southeastern Michigan.
"We pride ourselves on providing what our customers need: fast, friendly, clean service. The opportunity to expand into the Chicago market is exciting and a challenge we look forward to," said Geoff Lyden, CEO. "This acquisition will grow the joint venture by 50 percent, as well as double our real estate holdings."