Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Part of drive 'to optimize and further unlock the value in our retail portfolio'

WALTHAM, Mass. -- Global Partners LP continued to keep mum on who bought the company's 30 gas stations and convenience stores in New England as part of a $63.5 million sale-leaseback deal. The Waltham, Mass.-based company completed the previously announced deal on June 29, selling the locations to...

Third-generation owner retiring, fourth generation not taking reins

ST. JAMES, Mo. -- Retirement for its owner and modernization for its retail outlets are the reasons that Delano Oil Co. is selling its five Delano gas stations and Station Break convenience stores to Midwest Petroleum Corp. after 88 years in business. As reported in a McLane/ CSP Daily News Flash...

Consolidation will streamline corporate structure, provide geographic diversity

EL PASO, Texas -- At a special meeting June 23, Northern Tier Energy LP unit holders voted to approve the previously announced merger of Northern Tier and a subsidiary of Western Refining Inc. On the same day, the companies satisfied all closing conditions and successfully completed the merger. The...

Wraps up deals for Valentine’s Nice N Easy, Kolkhorst’s Rattlers stores
Companies announce unit-holder election results
Adding Premium 7 retail assets in Estonia to growing Circle K network
But could a deal still happen?
Cumberland Farms CEO discusses strategy shift following sale of Gulf Oil
Will let the ‘big operators get bigger,' says company’s president.
Will rebrand locations to Minit Mart following upgrades