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The Peregrine Corporation is an Australian privately-owned company headquartered in Adelaide, South Australia. It formed and until April 2023 operated the On the Run brand of service stations and convenience store in South Australia, and the Smokemart and Giftbox ( tobacconists / vape shops and variety retail stores) nationwide.
Peregrine Corporation is a South Australian group of private companies and associated entities fully owned by the Shahin family. Established in 1984 when Fred Shahin purchased a small BP service station in Woodville Park, South Australia, Peregrine is now one of the Top 15 private companies in Australia and the largest private company in SA.
Apr 5, 2023 · The Shahin family, owners of Peregrine Corporation, said this morning that OTR Group – one of South Australia’s largest employers with around 200 petrol and convenience stores across the state – had been bought by Victorian-based fuel supplying company Viva Energy.
Peregrine is the largest private employer in South Australia. Find out more about the team, our values and view all current job opportunities.
- What Is The Deal?
- Who Is Viva Energy?
- Who Are The Shahins?
- Is It A Done Deal?
- What Does The Deal Mean For OTR Staff?
- What Does This Deal Say About The Future of Petrol Stations?
Petrol and diesel supplier Viva Energy struck a $1.15 billion agreement to buy the OTR Group from Peregrine Corporation. The deal will bring OTR's petrol stations and convenience stores — located across South Australia as well as some in Victoria — and hundreds of Coles Express sites across Australia under the one banner. OTR executive director Yas...
Viva Energy is the supplier of Shell fuels in Australia, and it operates about 1,350 Shell and Liberty service stations. It also owns and operates the Geelong Refinery in Victoria and is seeking to develop a gas terminal there. Last September, Viva Energy announced its plans to acquire Coles Express from the Coles Group. In a statement announcing t...
The Shahin family owns Peregrine Corporation, one of South Australia's largest private employers. The company began with just a single service station, purchased by Fred Shahin in Woodville Park in 1984. Nearly 40 years later, there are now more than 180 OTR outlets, and Peregrine Corporation is run by Fred's three sons, Charlie, Yasser and Sam. In...
No. The sale is subject to approval by the Foreign Investment Review Board and the Australian Competition and Consumer Commission. Yesterday, Yasser Shahin told ABC Radio Adelaide's Stacey Lee and Nikolai Beilharz the approval process could take anywhere between six and 18 months. Mark Borlace, RAA's Future Mobility Expert, told the station's David...
The OTR Group has about 6,500 staff and has its headquarters in Adelaide. Yasser Shahin said yesterday that there would be no job losses as a result of the deal. "Everybody who's got a job today is going to be offered a job on no less favourable terms," he told ABC Radio Adelaide's Stacey Lee and Nikolai Beilharz.
Mark McKenzie said the proposed deal indicated that service stations were moving towards building up their retail offering. "Service stations are likely to become the 21st-century equivalent of the corner store, and that's why this move is particularly significant," he said. "Service stations are going to evolve where they will reduce their exposur...
Apr 5, 2023 · Peregrine Corporation has sold the OTR business to Viva for $1.15 billion. Arriving in Adelaide in 1984, he couldn’t find a job. He answered an advertisement in the local newspaper, The...
Apr 5, 2023 · Petrol and diesel supplier Viva Energy strikes an agreement to buy the OTR Group from Peregrine Corporation — owners of OTR convenience stores and petrol stations.
