Convenience retail outlets at Esso petrol stations in Singapore will soon be operated by Cold Storage, replacing the FairPrice Group, following a newly-announced retail partnership.
The change was announced on Mar. 5 in a joint statement by Aster Mobility Solutions 1, which owns the Esso station network in Singapore, and supermarket chain Cold Storage.
FairPrice Group, which has operated convenience outlets at Esso stations since 2003, will gradually hand over its Esso-related retail operations to Cold Storage over the coming months.
Cold Storage to introduce new convenience retail concept
Under the partnership, Cold Storage plans to introduce a refreshed retail concept at the petrol stations.
The stores will offer a curated selection of daily essentials as well as fresh and ready-to-eat food options designed for customers travelling or making quick stops.
Cold Storage managing director Lim Boon Cheong said the partnership provides an opportunity for the supermarket chain to expand its offerings into a new retail setting.
By combining Cold Storage’s sourcing capabilities with the strategic locations of Esso stations, the company hopes to deliver convenient and quality products to motorists and nearby residents.
Aster deputy chief executive Andre Khor added that the collaboration aims to transform petrol stations into more than just refuelling points.
He said the goal is to create spaces that support everyday convenience while meeting the evolving needs of motorists and commuters.
Ownership changes behind new partnership
The new partnership comes after ownership changes involving both the Esso petrol station network and the Cold Storage brand in 2025.
Aster Mobility Solutions 1, a subsidiary of Indonesia’s Chandra Asri Group, acquired ExxonMobil’s network of around 60 Esso petrol stations in Singapore in late 2025.
Separately, Malaysian retail group Macrovalue purchased Cold Storage and Giant supermarkets in Singapore earlier in the same year.
Top image via Google Maps
