Mergers & Acquisitions News
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...
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...
Lehigh Valley sites offer car washes, Gulf-branded fuel
ALLENTOWN, Pa. -- Rudy’s Car Washes is selling sell four convenience stores with gasoline, a freestanding car wash and other associated tunnel and self-serve car-wash businesses in Allentown, Bethlehem, Easton and Whitehall, Pa. The gas stations sell Gulf-branded fuel, and the sale also includes...
Strategic review of 800-store convenience network part of grocer’s ‘Restock’ initiative
