Peregrine Corporation
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Peregrine Corporation
The Peregrine Corporation is an Australian privately owned company which operates the On the Run (convenience store)#Australia, On The Run brand of Filling station, service stations and convenience stores in South Australia, as well as the Smokemart & GiftBox tobacconists Vape shop, vape & Variety store, variety retail stores nationwide. It was founded by Fred Shahin in 1984 with the purchase of a BP service station in Woodville, South Australia, Woodville; and in 2020 it was listed at number 15 in the ''Australian Financial Review's'' "Top 500 Private Companies", with an estimated annual revenue of $2.6 billion. Peregrine bought the Mobil fuel outlets in South Australia in 2010 and 25 company-owned BP outlets in 2014. The acquired sites were rebranded and upgraded to 24-hour On the Run (OTR) convenience stores along with the service stations. The company owns The Bend Motorsport Park at Tailem Bend and the Mallala Motor Sport Park. History Fathi (Fred) Shahin and his Palestinian ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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