Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

First location of its kind in Missouri is 'love letter' to tornado-ravaged Joplin (slideshow)

JOPLIN, Mo. -- Kum & Go LC on March 18 opened the doors to its newly built convenience store in Joplin, Mo. The store is a more than 6,000-square-foot Marketplace design prototype that is a new concept for the company. The West Des Moines, Iowa-based chain has a very tangible connection to the...

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
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