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ABC News
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Business

Service station chain OTR to be sold for $1.15 billion to Viva Energy to 'replace' Coles Express across 700 sites

OTR Viva Viva Energy Yasser Shahin Petrol
Petrol and diesel supplier Viva Energy has struck an agreement to buy the OTR Group for $1.15 billion. (ABC News: Michael Clements)

One of South Australia's largest private employers, service station chain OTR, is set to be taken over in a deal worth more than $1 billion.

Petrol and diesel supplier Viva Energy has struck an agreement to buy the OTR Group from Peregrine Corporation — owners of OTR convenience stores and petrol stations. 

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