Thursday, December 16, 2021

Shell Oil Acquired MSTS' Payment



The former owner and operator of the Los Angeles-California-based McDonald’s franchise, Leighton Hull was on the board of directors of the McDonald's Operations Association, where he was a member of the marketing/advertising and public relations committees. Leighton Hull operated Shell Oil Multi-Sites in Los Angeles and Orange Counties.
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Multi Service Technology Solutions, Inc. sold MSTS Payments, LLC and its Multi Service Fuel Card business to Shell Oil Company. Shell Oil Company has a closed-loop payment network with the Multi-Service Fuel Card acceptance network and transaction processing technology, utilized by Commercial Road Transport (CRT) businesses at thousands of truck stops across North America.

Growing market share in the fuel card category and building synergies with Shell product offerings are among the investment goals. In addition, Shell Oil Company wants to improve consumer experience by offering trucking companies fuel-economy savings, better wear protection, and extended-drain capability through its heavy-duty diesel engine oil brand, Shell Rotella®.

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Franchise owner and entrepreneur Leighton Hull started his first franchising career as a Los Angeles, California-based McDonald's owne...