Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Acquiring 31 c-stores from SSG, will become Holiday Stationstores franchisee

ALLENTOWN, Pa. -- In order to expand its retail network in the Upper Midwest, CrossAmerica Partners LP has entered into a definitive agreement to acquire 31 franchise Holiday convenience stores located in Wisconsin and Minnesota from SSG Corp. for $48.5 million. As reported in a McLane Co./ CSP...

Grocery, convenience -store asset trade will sharpen market focus for both companies

EAU CLAIRE, Wis. -- In an usual business deal that can be summed up as "I'll trade you three Mega Co-ops for 14 Gordy's," grocery retailers Gordy’s Market and Mega Co-op have reached an agreement that will allow each company to focus on its primary business through an asset swap. Under the new...

TA acquires four convenience stores in Kansas, Missouri

WESTLAKE, Ohio -- With an eye toward growing its Minit Mart network of convenience stores even more, TravelCenters of America LLC has completed the acquisition of four Meiners’ Market c-stores in Kansas and Missouri from Meiners Corp. Meiners has two additional stores. The Kansas City, Mo.-based...

Acquires properties with convenience stores already in its network
Circle K Stores Inc., a division of Canada-based Alimentation Couche-Tard, purchased 62 convenience stores in nine states from Greatstone Equities Inc.
With sale complete, new owner readies for next phase
Chelsea Petroleum Products Holdings LLC completed its purchase of Gulf Oil LP from Cumberland Farms Inc. today.
Big Y Foods purchases three O’Connell Convenience Plus sites
Circle K, Wawa, Kum & Go, Murphy USA, Love’s, Cumby’s, Kwik Trip, more (slideshow)
Lessons from Mariano’s purchase prompt small-format chain launch