Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Energy Transfer Partners transfers remaining wholesale fuel, retail marketing assets

DALLAS & HOUSTON -- Energy Transfer Partners LP (ETP) and Sunoco LP have completed the dropdown to Sunoco LP of the remaining 68.42% interest in Sunoco LLC and 100% interest in Sunoco Retail LLC, which owns the legacy Sunoco convenience store business, for approximately $2.226 billion. In...

Settlement paves way for 181-store deal

RED DEER, Alberta -- Parkland Fuel Corp., which acquired 181 Pioneer gas stations and 212 supply agreements in Ontario and Manitoba in June 2015 for $377 million (Canadian; $305.1 million U.S.), has settled litigation related to the deal with the Canadian Competition Bureau. The bureau challenged...

Finalizes purchase of SSG's Holiday Stationstores in Minnesota, Wisconsin markets

ALLENTOWN, Pa. -- Solidifying its footprint in the Upper Midwest, CrossAmerica Partners LP has closed on the previously announced purchase of 31 franchise Holiday Stationstores located in Wisconsin and Minnesota from SSG Corp. Of the 31 company-operated stores, 28 are located in Wisconsin and three...

Running Man, TA/Minit Mart, Casey's, CountryMark, Love's, Dirt Cheap, more (slideshow, video).
Convenience-store chain to pour $50 million into this market
Receives approval to acquire 315 c-stores, truckstops, more, but deal includes divestments
First location of its kind in Missouri is 'love letter' to tornado-ravaged Joplin (slideshow).
Chain opens seven locations in six states, as well as its first Dunkin’ Donuts (slideshow)
PMG acquires 223 convenience stores in Boston, New York areas
Gas stations operating under BP brand, restaurant under Papa John’s