Mergers & Acquisitions News
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.
This edition of New Convenience-Store Roundup features convenience-store openings, closings and stores under new ownership for the month of August 2016
‘We’re still in learning mode,’ CEO says, with 10-store East Coast test