$3.3 billion deal transitions 1,100 retail outlets as seller shifts focus to wholesale
Mergers & Acquisitions News
Now operates and supplies more than 1,100 sites in 18 states
RICHMOND, Va. -- GPM Investments LLC has taken ownership of 92 Roadrunner convenience stores with fuel sales in North Carolina, South Carolina, Tennessee and Virginia operated by Mountain Empire Oil Co. (MEOC). This acquisition, which GPM announced in February , will further develop GPM’s existing...
Sunoco to sell 200 locations in separate deal, retain others
TOKYO -- Seven & i Holdings Co. Ltd., the Tokyo-based parent company of 7-Eleven Inc. , has acquired most of the convenience stores and gasoline retail business of Sunoco LP for $3.3 billion. 7-Eleven is acquiring from Sunoco approximately 1,110 c-stores in 19 geographic regions primarily along...
4 Midwestern states see the most unit growth in this month’s tally
Iowa-based retailer expands in two states through three separate deals