Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

This edition of New Convenience-Store Roundup features new convenience-store openings, closings and stores under new ownership for the month of April 2016.

Company streamlining portfolio with strategic sales, acquisitions

WALTHAM, Mass. -- Wholesaler-retailer Global Partners LP ’s sale of 86 nonstrategic gas stations and convenience stores in the Northeast and Mid-Atlantic is receiving “significant interest from prospective buyers,” Eric Slifka, president and CEO of Global Partners LP, said during the company’s...

Latest deal extends reach of retail network, from the Northeast to the Midwest

HOUSTON -- Sunoco LP is hailing a new agreement to operate travel plazas through Indiana as being the final step in developing a turnpike and toll-road retail network stretching from New York to Illinois. The company has entered into a concession agreement with ITR Concession Co. LLC, operator of...

Market exit, deal with 7-Eleven allows company to concentrate on growth areas
Deal involves leasehold interests in 21 convenience stores
7-Eleven's SEI Fuel picks up contract dealer business.
Deal underscores c-store company’s continued commitment to global growth
Nouria Energy expands relationship with Citizens Bank
Closes $82 million transaction spanning three states
A slower quarter sets up the industry for possible blockbuster deals