Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Deal involves leasehold interests in 21 convenience stores

PALM BEACH, Fla. -- Sunshine Fuel LLC is selling a bulk package of leasehold interests in 21 convenience stores with gasoline in Kansas (16), Missouri (3) and Oklahoma (2), along with sublease/fuel supply interests in the stores, as well as two fuel supply agreements providing gas to the stores and...

7-Eleven's SEI Fuel picks up contract dealer business

IRVING, Texas -- John Baker, founder of Harbor Petroleum, which owns and operates convenience stores and supplies fuels throughout Connecticut, has elected to reduce the scale of Harbor Petroleum with the sale of its contract dealer business to SEI Fuels Inc., 7-Eleven's wholesale fuel distribution...

Deal underscores c-store company’s continued commitment to global growth

LAVAL, Quebec -- Serial acquirer Alimentation Couche-Tard Inc. has just completed the sixth-largest acquisition in a long history of big deals in North America and around the world that includes Circle K and The Pantry. The Canadian retail giant has closed the acquisition of A/S Dansk Shell’s...

Nouria Energy expands relationship with Citizens Bank
Closes $82 million transaction spanning three states
A slower quarter sets up the industry for possible blockbuster deals
86 sites going on auction block as planned pruning proceeds
Corner Store, QT, TA, CountryMark, Cumberland Farms, Kum & Go, Love’s, Sheetz, Parker’s, CEFCO, 7-Eleven, more
Move to Fas Mart bringing changes, enhancements
Fuel rebranding likely in acquisition of c-stores, refinery, pipeline