Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

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

DALLAS -- Providing it with an entry into new markets as well as adding to its existing footprint in Oklahoma, Empire Petroleum Partner LLC has acquired the Missouri, Oklahoma and a portion of the Kansas wholesale distribution rights of Sunshine Fuel LLC, a distributor that supplies branded fuel to...

Fuel distributor sells several other sites to unrelated buyers

ALLENTOWN, Pa. -- CrossAmerica Partners LP has closed on its $45 million acquisition of State Oil Co. and certain related retail assets and wholesale fuels distribution business. Libertyville, Ill.-based State Oil’s portfolio consisted of three company-operated retail convenience stores, 50 lessee...

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

‘We’re still in learning mode,’ CEO says, with 10-store East Coast test

Canadian Competition Bureau requires company to divest only two sites