Mergers & Acquisitions News
Missouri locations expand regional portfolio
RICHMOND, Va. -- GPM Investments LLC has taken ownership of seven convenience stores with fuel sales in Missouri under the Jiffy Stop Food Marts banner. CSP Daily News has learned that GPM has purchased the locations from Mid-Missouri Oil Co., Kaiser, Mo., which operates stores in Camdenton, Eldon...
Fuel rebranding will bring Mobil to Canada
TORONTO -- Brookfield Business Partners LP has closed its transaction to acquire Loblaw Cos. Ltd.’s gas-station operations for approximately $540 million ($427.5 million U.S.). The network is one of the largest in Canada and includes 213 retail gas stations and associated convenience kiosks...
CEO offers progress report on acquisitions, integration, more
Executives expect to learn from new brand, leverage best practices and programs
Ripe for expansion, Irish retailer picks up 42 Pitt Stop convenience stores in South Carolina