Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Chain opens seven locations in six states, as well as its first Dunkin’ Donuts (slideshow)

OKLAHOMA CITY -- Since March 10, Love’s Travel Stops & Country Stores Inc. has opened seven new locations in six states. On March 10, the chain opened travel stops in Plymouth, Ind., along U.S. Highway 30; Burlington, Colo., along Interstate 70; and Nowata, Okla., along U.S. Highway 169. And on...

PMG acquires 223 convenience stores in Boston, New York areas

WOODBRIDGE, Va. -- In a move that helps expand considerably its retail footprint, Petroleum Marketing Group Inc. (PMG) has closed on the acquisition of 223 dealer-operated gas stations and convenience stores formerly owned by Gulf Oil LP. As reported in a McLane/ CSP Daily News Flash , the sites...

Gas stations operating under BP brand, restaurant under Papa John’s

WASHINGTON, Pa. -- Thomaston Land Co. of Washington, Pa., is selling four BP convenience stores with gasoline in Johnstown, Pa., and La Vale, Md., and one Papa John’s quick-service restaurant (QSR) in Johnstown. Lot sizes range from 16,400 square feet to 1.25 acres, while store sizes range from...

New wrinkle to report of c-store selloff talks
Shell, Saudi Refining Inc. working on separation deal
High multiples, c-store, travel store integration have kept company on M&A ‘sidelines’
‘The world is changing again,’ and Atlanta c-store without gas will serve as test
Speculation points to several big buyers
Closes on Fuel USA sites in Southeast
Imperial Oil’s Esso sale greater than sum of its parts