Mergers & Acquisitions News
Deal brings ‘significant amount’ of fuel volume to fuel supplier, retailer
COLUMBIA, Mo. -- MFA Oil Co. has acquired Brownfield Oil Co., a refined fuels and lubricants supplier based in Moberly, Mo. The purchase includes a Sinclair gas station in Shelbina, Mo., and a Sinclair cardlock fueling facility in Kirksville, Mo. Through this acquisition, APM will add Sinclair...
Energy holding company leveraging acquisition to upgrade existing store image
PITTSBURGH -- Expanding its retail operations to 70 convenience stores and rebranding them to the newly acquired Par Mar Stores brand, Croton Holding Co. has purchased Par Mar Oil Co., Marietta, Ohio. As reported in a McLane/ CSP Daily News Flash , the 52 Par Mar convenience stores are located in...
Grocer sells remaining c-store fuel centers to regional petroleum marketer
ST. LOUIS -- With the sale of its last four Schnucks Express convenience stores, Schnuck Markets Inc. has exited the gasoline business. The supermarket retailer sold four c-stores in Champaign, Urbana and Savoy, Ill., and Festus, Mo., to Cuba, Mo.-based Wallis Oil Co. "At this time, we have decided...
