“From ‘Port to the Pump’, across the North Island, we’ll control every step, improving the resilience of supply to our sites, and to customers in industrial and remote areas.”
Sheridan said the focus was on its popular self-serve model across sites nationwide.
“We will be leveraging our buying power and keeping our costs low, so we can continue to deliver the competitive pricing we are renowned for.”
Sheridan was the owner and chief executive of NPD before the merger.
The two retailers sought clearance for their merger in December last year.
The commission considered the merger’s possible adverse effects but found it would likely have a negligible effect on competition in the fuel industry.
Chairman Dr John Small said the commission was satisfied such a merger “is not likely to substantially lessen competition in any market in New Zealand in which the parties compete or are likely to compete in future”.
The merged entity will operate about 240 sites, linking Gull’s strong North Island presence with NPD’s South Island footprint.
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