Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Six-store acquisition biggest move yet in growth of c-store presence with new brand

CARY, N.C. -- Nearly 10 years after exiting convenience-store operations, Cary Oil Co. took its biggest step back into retailing this week with the purchase of six c-stores from Mount Airy Oil Co. The six stores are located throughout Surry and Stokes counties in North Carolina and bring the unit...

Kolkhorst Petroleum sells 14 locations in Texas to Sunoco LP

NAVASOTA, Texas -- Kolkhorst Petroleum Inc., owner of the Rattlers convenience-store chain, said it has executed a purchase agreement with affiliates of Sunoco LP to sell its 14 Rattlers along with its wholesale-motor-fuel distribution business. As reported in a McLane/ CSP Daily News Flash , the...

Deal brings ‘significant amount’ of fuel volume to fuel supplier, retailer

COLUMBIA, Mo. -- MFA Oil Co. has acquired Brownfield Oil Co., a refined fuels and lubricants supplier based in Moberly, Mo. The purchase includes a Sinclair gas station in Shelbina, Mo., and a Sinclair cardlock fueling facility in Kirksville, Mo. Through this acquisition, APM will add Sinclair...

Energy holding company leveraging acquisition to upgrade existing store image
Grocer sells remaining c-store fuel centers to regional petroleum marketer
Retailer picks up convenience-store, quick lube, car wash, wholesale, transport businesses
With sale, Quality State Oil exits convenience-store business
Opens seven new locations in first-quarter 2016
Picks up Wisconsin convenience-store chain known for its rewards program
Energy Transfer Partners transfers remaining wholesale fuel, retail marketing assets