Corporate News

Corporate news affecting the convenience store industry

Refiner, retailer expects growth in Southeast in fragmented industry

NEW YORK -- After only six hours of trading, Delek US Holdings Inc. found itself with more than $104 million in its pocket yesterday. The fresh income came from the more thansix million shares of stock the Franklin, Tenn.-based company sold during its initial public offering of stock. At the close...

Retailers take notice to WilcoHess' new growth path

WINSTON-SALEM, N.C. -- Though companies like Alimentation Couche-Tard and The Pantry have taken headlines for their acquisition efforts, many companies have quietly amassed the potential to further the industry's latest wave of acquisition. One of these companies is Winston-Salem, N.C.-based...

Car wash equipment maker adds regional manager

ARVADA, Colo. Car wash equipment maker Mark VII Equipment Inc., the U.S. subsidiary of WashTec AG of Germany, said that Bill Mills has joined the company as the Southeast regional manager. Mills will be responsible for managing Mark VII's distribution channel in the southeastern United States. He...

Dealers play a growing role in recent industry acquisitions
Marsh Supermarkets Inc. announced the signing of a definitive merger agreement to be acquired by MSH Supermarkets Holding Corp.
Dead River buys Shell units from potato concern
Small and midsize jobbers find themselves precariously in the middlesqueezed between the big operators and the mom-and-pops.
The Pinnacle Corp. has named the winners of the 2006 Pinnacle Awards. Awards were given out during Pinnacle's Summit.
Convenience store industry consolidation activity highest since 2001
Dally to head Michigan, Ohio group