The Biggest C-Store Deals So Far This Century

The Biggest C-Store Deals So Far This Century

The Biggest C-Store Deals So Far This Century

As 7-Eleven picks up Speedway, CSP looks at the most significant convenience-store transactions of the past 20 years

The Biggest C-Store Deals So Far This Century

No. 3 Couche-Tard Acquires Circle K

Not surprisingly, the Circle K c-store chain arose from an acquisition.

In 2014, Speedway acquired New York-based Hess Corp.'s 1,256-station retail outlets for $2.82 billion.

In 2018, supermarket retailer The Kroger Co., Cincinnati, sold its c-store business unit, including 762 stores, to EG Group

7-Eleven in August 2020 entered into an agreement to acquire Marathon Petroleum Corp.’s company-owned convenience-store network Speedway LLC for $21 billion.

Couche-Tard acquired The Pantry Inc. for approximately $860 million in 2015.

Marathon Petroleum Corp., owner of the Speedway chain, closed on the acquisition of Andeavor (formerly Tesoro) in 2018.

Sunoco LP acquired Susser Holdings in 2015 for about $1.9 billion.

In 2001, Bartlesville, Okla.-based Phillips Petroleum Co. closed on its acquisition of Stamford, Conn.-based refiner-marketer Tosco Corp. for $7.49 billion

In 2017, Alimentation Couche-Tard acquired CST Brands Inc., San Antonio, with 1,300 stores in the United States and Canada, for $4.43 billion.

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