American Natural Retail Acquires Mon Valley Petroleum

PITTSBURGH -- American Natural Retail has purchased McKeesport, Pa.-based Mon Valley Petroleum, reported The Pittsburgh Business Times. The acquisition of the fuel retailer and distributor falls in line with American Natural Retail's plan for a line of upscale c-stores and gas stations that offer compressed natural gas in the Pittsburgh region, according to the report.

Included in the sale were 15 Buy-N-Fly c-stores and gas stations that sell BP or Exxon gasoline.

Company officials did not disclose the value of the deal, but former Mon Valley President Hartley King reportedly estimated that the property assets were worth more than $2 million.