Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Plans organic growth for Texas; smaller acquisitions imminent, but no spoilers

HOUSTON -- Sunoco LP is targeting Texas for new-store expansion, although acquisitions in attractive markets elsewhere are always a possibility. The company is “looking at organic growth opportunities in areas of this state that are less influenced by oil price cycles,” CEO Bob Owens said during...

Sells five locations to ever-expanding TravelCenters of America

BRADLEY, Ill. -- With the sale of all five TD Pete’s gas and convenience stores in northeastern Illinois to TravelCenters of America , TD Pete’s founders Brian Rogers and Perry Denault, who have been working together for 26 years and have been partners since they opened TD Pete’s in 2000, are...

Owner of County Market Express, Pick a Dilly convenience stores, creates new banner (slideshow)

WEST QUINCY, Mo. -- Niemann Foods Inc. held the grand opening recently for Haymakers in West Quincy, Mo., the grocer's first convenience store under the newly created banner Haymakers, reported The Herald-Whig . It replaces a former County Market Express, said the report. “We completely remodeled...

Initiatives moving forward in North Carolina, Texas, Missouri
11-store deal, 11 years in making, will “catapult” company to next level of fuel retailing
GPM continues growth into the Midwest with latest acquisition
Jack Flash, CountryMark, Love’s, Seasons, Rutter’s, Parker’s, Weigel’s, more (slideshow)
Mapco, 7-Eleven, Wawa, Circle K, Stinker, Ricker’s, Love’s, QuickChek, more (slideshow)
Combines promotions, supply-chain data, operational, strategic expertise in food retailing
How will market turmoil affect acquisition multiples and activity in the coming year?