Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Completes sale of nonstrategic retail sites to Mirabito

WALTHAM, Mass. – As part of an effort to convert nonstrategic retail outlets into capital for acquisitions, Global Partners LP has completed the previously announced sale of 30 nonstrategic convenience stores in New York and Pennsylvania to Mirabito Holdings Inc. for approximately $40 million. The...

CST’s top executive focusing on running business, making smooth transition

SAN ANTONIO -- To clarify earlier reports, a spokesperson for convenience-store retailer Alimentation Couche-Tard Inc. said that CST Brands Inc. chairman, CEO and president Kim Lubel's role with the company that purchased the chain she has led for the past three years has not yet been determined...

Hannasch, Lubel reflect on deal, brands, integration of Corner Stores

SAN ANTONIO -- “We’re in the business to sell stuff and be the best, and joining our platform with the Couche-Tard global platform is really helping CST join a journey to be the world’s preferred stop for convenience and fuel,” Kim Lubel said during a conference call to offer details on...

New player reveals image, design for its new and renovated convenience stores
Analysts, shareholders parse transaction, weigh in on price
‘Size matters,’ despite divesting some assets to satisfy Competition Bureau
Adds Ultramar fuel brand, dealers, cardlocks, c-stores, more with Couche-Tard deal
One owner to exit convenience-store business
But what hurdles stand in its way?

If Couche-Tard acquires CST Brands, as expected, it becomes the largest c-store chain in North America