Mergers & Acquisitions News
Andeavor scoops up chain to grow presence in Northern California
AUBURN, Calif. -- Flyers Energy will exit the retail business with the sale of its 39 convenience stores to Andeavor Corp. Established in 1979, Flyers is a third-generation family-owned business with stores in the San Francisco Bay Area. Managing Partner Walt Dwelle said the time was right for he...
Will concentrate on other areas of business
AUBURN, Calif. -- Flyers Energy has sold all of its 39 convenience-store and gas-station locations to the newly renamed Andeavor Corp., formerly Tesoro Corp., according to a report in the Auburn Journal . Auburn, Calif.-based Flyers Energy is a third-generation family-owned business operated by the...
Deal expands wholesale network in the South
ALLENTOWN, Pa. -- CrossAmerica Partners LP will acquire more than 100 retail sites from Jet Pep Inc. for a total consideration of $72 million. The assets consist of 102 commission-operated retail sites, including 92 fee sites, five lease sites and five independent commission accounts. The locations...
Name change, Western Refining acquisition cap period of transformation for refiner-marketer
Recent acquisitions show commitment to expansion strategy
Florida, New York, Pennsylvania, Texas see most unit growth
Six months in and 2017 is already epic
PDQ acquisition will put chain over the 600-store mark