Based in Fort Collins and in operation since 1937, Schrader's Oil has been bought by an oil company from England.

According to the Reporter-Herald and BizWest, EG Group Ltd. has purchased Schrader Oil. The 18 Schrader's Country Stores will become Loaf 'N Jugs, joining the 88 that are already in Colorado. All employees of Schrader's Oil (including the stores) will move over to Loaf 'N Jug.

On hearing of the sale, the first question that I had was 'What was the purchase price?' Terms of the deal were not released, however.

Get more on the sale from the Reporter-Herald HERE.

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