Home » NEWS » Victory acquires stores, accounts from Cloutier Oil

Victory acquires stores, accounts from Cloutier Oil

NATCHEZ and RIDGELAND — Ridgeland-based Victory Properties has bought 11 convenience stores and nine dealer accounts of Cloutier Oil in Natchez.

Lawrie Cloutier, owner of Cloutier Oil, tells the Natchez Democrat the sale was completed March 19. Terms were not disclosed.

Cloutier Oil was started Oct. 1, 1958, and originally served commercial businesses that had fuel tanks that needed refilling.

Starting in 1984, the company expanded into convenience stores.

Cloutier said it was involved in the development convenience stores with more than 100 employees. Most of the stores sold petroleum products produced by Shell Oil.

Cloutier Oil weathered the oil allocations of the 1970s, saw the business transition from mechanical and manual to digital distribution and joined in the convenience store change from full-service to self-service.

“What we found is that we were much better at the convenience business than the consumer business,” Cloutier said. “We wouldn’t have made it this long if we hadn’t changed with the times.”

Victory Properties, also a Shell distributor, will take over convenience store operations in Natchez, Woodville, Meridian, Forest, Port Gibson, Fayette and Bude in Mississippi and Vidalia, Jonesville and Ferriday in Louisiana.

“I am thankful I was able to sell to fellow Shell Oil Company distributors to be able to keep the Shell brand in southwest Mississippi,” Cloutier said.


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply