Mergers & Acquisitions News
MLP picks up 33 c-stores in New England, 11 with fuel
WALTHAM, Mass. -- Global Partners LP has acquired 33 convenience stores from Honey Farms Inc. The retail fuel and convenience-store assets include 11 company-operated retail sites with fuel and c-stores and 22 stand-alone c-stores. The purchase price of the cash transaction was approximately $36...
If the grocer decides to sell its convenience division, here are some possible buyers
Dunne Manning Realty acquires sites in Pennsylvania
ALLENTOWN, Pa. -- Dunne Manning Realty LP has acquired five Joe's Kwik Marts convenience stores in Pennsylvania, reported The Citizens’ Voice , citing property records. One of the stores is in Dunmore, one is in Pittston Township and three are in Scranton. Allentown, Pa.-based Dunne Manning Realty...
Strategic review of 800-store convenience network part of grocer’s ‘Restock’ initiative