Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry
Fred's Pharmacy

Will purchase sites Walgreens is divesting to satisfy FTC

MEMPHIS, Tenn. -- Drug store retailer Fred’s Inc. has announced that it has signed an agreement with Walgreens Boots Alliance Inc. and Rite Aid Corp. to purchase 865 stores and other assets in the eastern and western United States for $950 million in cash. “With this agreement, we are moving ahead...

Pit Stop

Circle K, Love’s, Daily’s, Bucky’s, GetGo, Kwik Trip, Royal Farms, Seasons Corner Market, more

Guppy's on the Go

Casey’s hooks five c-stores in Iowa

ANKENY, Iowa -- With the sale of five Guppy’s on the Go convenience stores to Casey’s General Stores Inc. , Fauser Energy Resources is exiting the retail sector. Located in and around Cedar Rapids, Iowa, the c-stores range in size from 1,500 to 3,500 square feet. Guppy’s on the Go was founded in...

Alain Bouchard

Leader of global c-store chain shares 10-year vision, "magic"

Retailer divested locations in noncore markets
Includes 20 properties from State Oil acquisition
Generic gas station
Bids due Jan. 19
Petro Serve USA
Chain will keep name, become cooperative
Dixie Country Store

Competitive snapshot of newly opened or closed U.S. convenience stores, gas stations, truckstops and travel centers

sunoco sign
Transaction brings together pipeline, energy and retail assets