Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Merger will position both companies for more regional growth

DALLAS and TULSA, Okla. -- In a deal that brings the Sinclair brand to Empire Petroleum Partners LLC’s list of branded fuel partners, Empire and Arkansas Valley Cos. are merging their assets, the companies have announced. This deal is the latest in a series of mergers and acquisitions for Dallas-...

Closes deal to acquire Dirt Cheap, U-Gas locations, more

CUBA, Mo. -- Wallis Cos. has closed on the acquisition of a portfolio of convenience stores in the greater St. Louis area. This acquisition consists of 13 Dirt Cheap locations, 19 U-Gas convenience stores, one commissary operation and one undeveloped parcel for future store development. Wallis Cos...

Supervalu to decide soon on divestment of limited-assortment retailer

TORONTO -- Private-equity firm Onex Corp. has made the best acquisition offer in an auction for Save-A-Lot, the hard-discount, limited-assortment grocery chain that Supervalu Inc. has been considering divesting , people familiar with the matter told Reuters. Supervalu is considering a sale of Save-...

Acquires leasehold interests in 21 c-stores, fuel supply from Sunshine Fuel
Fuel distributor sells several other sites to unrelated buyers

Alimentation Couche-Tard approached CST Brands with the idea of acquiring the c-store chain even before CST investors prompted the strategic review that led to the deal. Find out more in this timeline.

Analyst says COPEC deal provides momentum for full acquisition
Drug chain narrows store range for Rite Aid deal as potential suitors emerge

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

Purchaser First Coast Energy plans to rebuild locations, incorporate Daily’s concept

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