Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Downstream deal includes refinery, cardlocks, more

CALGARY, Alberta -- Parkland Fuel Corp., a refiner and marketer with convenience-stores in Canada and the United States, has closed on its acquisition of Chevron Canada R&M ULC , which operates a downstream fuel business in British Columbia and Alberta. “This acquisition provides Parkland with...

Coen Oil

Sprague Resources acquires Coen Energy, but Ruff Creek Markets not part of deal

WASHINGTON, Pa. -- Fuel supplier and convenience-store retailer Coen Oil Co. is looking to nearly double the number of its retail outlets in the next five years, the company told The Pittsburgh Business Times . The Washington, Pa.-based company has just completed the sale of its Coen Energy and...

Kum & Go store

Investment company adds to its industry portfolio in Iowa

DALLAS -- U.S. Assets Inc. acquired nine convenience stores Oct. 10 from Kum & Go LC in Iowa for an undisclosed price. One of the c-stores is located in Red Oak, and two each are located in Council Bluffs, Sioux City, Sioux Center and Missouri Valley, Narendra "Matt" Manney, director of Matt...

Rudy's Mart Gulf
Lehigh Valley sites offer car washes, Gulf-branded fuel

Strategic review of 800-store convenience network part of grocer’s ‘Restock’ initiative

Kroger store
Options include selling the business
Generic gas truck
Deal expands distribution network in two Eastern states
Holiday Stationstores

Will keep name rather than convert to Circle K

Leaseback deal with Irish retailer extends REIT’s reach into South Carolina
pilot travel center
Haslam to remain CEO; family will continue as majority owners until 2023