Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Brings CST subsidiary to Chicago area

ALLENTOWN, Pa. -- Expanding its fuel business and strengthening its ties with fuel suppliers, CrossAmerica Partners LP has entered into a definitive agreement to acquire certain assets of State Oil Co., Libertyville, Ill., north of Chicago, for $45 million. “We are excited to acquire the assets of...

Couche-Tard is integrating and applying best practices from its expanding global retail networks

Luxury-goods holding company hoping to get into convenience-store business in big way

DURHAM, N.C. -- A new player whose website indicates a luxury-goods pedigree has set its sights on the convenience-store and gasoline-retailing industry with some ambitious plans. As reported in a McLane/ CSP Daily News Flash , The Guess Corp. is seeking to acquire at least 1,000 c-stores over the...

Love's, 7-Eleven, Kum & Go, Fast Lane, Stewart's Shops, Royal Farms, Seasons Corner Market, more

Execs set ambitious goals for new c-store brand
Meanwhile, CST Brands resolves fuel compensation issue
Part of drive 'to optimize and further unlock the value in our retail portfolio'.
Third-generation owner retiring, fourth generation not taking reins
Consolidation will streamline corporate structure, provide geographic diversity
Wraps up deals for Valentine’s Nice N Easy, Kolkhorst’s Rattlers stores