Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Will sell fuel at most of its newly acquired Walmart Express small-format sites

GOODLETTSVILLE, Tenn. -- Although it has experimented with gasoline before, Dollar General Corp. is making a major leap into fuel retailing with the purchase of 41 former Walmart Express locations. The discount retailer intends to operate the fueling stations at 37 of these locations, it said. In...

Acquisition of U-Gas, Dirt Cheap a ‘milestone’ for Wallis Cos.

CUBA, Mo. -- Wallis Cos. has signed a definitive agreement to acquire the assets of U-Gas Holdings Inc., including 19 U-Gas and 14 Dirt Cheap convenience stores along with the Gigi’s Commissary. Wallis Cos. began in 1968 in Cuba, Mo., with one location on Route 66 and now operates a network of 34...

Hanley Investment Group completes deals in California, Florida

CORONA DEL MAR, Calif. -- Hanley Investment Group Real Estate Advisors has completed the sale of three 7-Eleven convenience stores, two in Los Angeles County and the other in Orlando, Fla., for a total of $10.56 million. One of the transactions had a record-breaking capitalization rate, the Corona...

Can luxury-goods holding company achieve its aggressive c-store acquisition aspirations?
Brings CST subsidiary to Chicago area

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

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