Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

First Coast Energy acquiring 20 c-stores, other businesses

JACKSONVILLE, Fla., and ASHEVILLE, N.C. -- With the decsion to exit the petroleum industry, Mountain Energy president Thom Morgan is selling his regional chain of 20 company-operated convenience stores in North Carolina to First Coast Energy , dba. Daily’s. The transaction closed Aug. 31, Morgan...

Couche-Tard acquiring Louisiana retailer’s 53 locations

BATON ROUGE, La. -- Fresh off of its acquisition of CST Brands Inc. , Alimentation Couche-Tard Inc. has agreed to purchase another U.S. convenience-store chain. Couche-Tard has signed, through its wholly owned indirect subsidiary Circle K Stores Inc., an agreement to purchase 53 Cracker Barrel...

Delek U.S. strategic review of retail assets leads to sale

SANTIAGO, Chile, and BRENTWOOD, Tenn. -- Looking to enter the U.S. convenience-store arena, Compañía de Petróleos de Chile S.A. (COPEC) has entered into a definitive agreement with Delek U.S. Holdings Inc. for COPEC, through its U.S. subsidiary Copec Inc., to acquire 100% equity interest in Mapco...

Also showcases ‘upscale’ interior design, hints at customer service strategy
Completes sale of nonstrategic retail sites to Mirabito
CST’s top executive focusing on running business, making smooth transition
Hannasch, Lubel reflect on deal, brands, integration of Corner Stores
New player reveals image, design for its new and renovated convenience stores
Analysts, shareholders parse transaction, weigh in on price
‘Size matters,’ despite divesting some assets to satisfy Competition Bureau