Sierra Enterprises Purchases Leathers Enterprise

S&S Petroleum passes 100 store milestone with the acquisition.

October 16, 2023

Sierra Enterprises Oregon, Inc., an affiliate of S&S Petroleum, Inc., officially acquired Leathers Enterprises, a Shell-branded petroleum marketer and convenience retailer headquartered in Portland, Oregon.

The acquisition includes 24 convenience retail locations throughout Oregon, as well as Shell-branded distribution assets and six transports and trailers Leathers Enterprises used for fuel distribution to its locations.

Leathers Enterprises also distributes fuel through its CFN contract, operates a U-Haul franchise and offers proprietary and locally licensed branded foodservice operations at its locations.

“With today’s transaction, we honor the career of our mother, Lila Leathers, and all of her investments of time and treasure into this company,” said Brent and Kathy Leathers, siblings and previous owners of Leathers Enterprises. “We believe S&S values the generational legacy of our company and will continue Leathers’ long-standing tradition of excellent operations and serving our customers. We are also pleased to commend the Corner Capital team for their stewardship during this process. Their intimate expertise in operations, competitive sale structuring and transaction management provided great comfort to our family and employees throughout the process.”

With the acquisition, S&S Petroleum have now expanded to over 100 locations in the region. Rania Dahabreh, president of S&S Petroleum, expressed her enthusiasm for the acquisition saying, “We are thrilled to welcome Leathers’ team into the S&S Petroleum family. This acquisition strengthens our commitment to building our presence in the Pacific Northwest while providing exceptional service and value to our customers and partners.”