Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

F.L. Roberts acquisition expands footprint in Massachusetts, Connecticut

WORCESTER, Mass. -- In a deal that adds further scale to its network and expands its geographic footprint into the western Massachusetts and Connecticut markets, Nouria Energy Corp. has completed the acquisition of 26 convenience stores, including 22 Golden Nozzle car washes, from F.L. Roberts...

Private-equity group picks up Pester, with more deals in the works

DENVER -- With more convenience-store acquisitions to come, private-equity group Western Alta Holdings Co. recently acquired the retail division and operating company of Pester Marketing from World Fuel Services. The transaction occurred May 1, 2016. Western Alta Holdings L.C. is a newly formed...

Chains will enter into five-year professional services agreement

MINNEAPOLIS -- Supervalu Inc. has entered into a definitive agreement with private-equity firm Onex Corp. for Onex to acquire Supervalu’s Save-A-Lot hard-discount, limited-assortment grocery-store business for $1.365 billion in cash, subject to customary closing adjustments. Earth City, Mo.-based...

Following Mapco sale, refiner offers to buy up all of Alon USA
Completes acquisition of Denny Oil’s c-store assets, wholesale business
Retailer schedules special meeting for stockholders to vote

Can the c-store industry maintain the major deals and steep multiples of the past six months?

Retaining option, but doesn’t want to part with 'contributing' business.
Acquisition extends GPM’s regional reach

Plan balances 'quantity’ and ‘quality’; will add more than 1,000 c-stores in North America

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