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NPD, Gull complete merger as new nationwide fuel entity launched

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NPD, Gull complete merger as new nationwide fuel entity launched
✦AI Summary

Fuel retailers Gull and NPD have officially merged to form a new nationwide entity called NPDGull. The company plans to leverage its combined network of 240 sites to improve supply chain resilience and maintain competitive fuel pricing.

Why it matters

The merger consolidates a significant portion of the retail fuel market in New Zealand, potentially impacting consumer prices and supply chain logistics.

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<p>Fuel retailers Gull and NPD have officially completed their merger, marking the launch of the new nationwide fuel company NPDGull. </p> <p>The new entity would oversee both the NPD and Gull brands, with all existing service stations set to continue operating under their current names. </p> <p>Announced in December last year, the merger would allow the two fuel retailers to combine operations into a nationwide network of around 240 sites, in a move it said would help drive down pump prices for Kiwis.

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