mergers and acquisitions

Mergers & Acquisitions

Majors Management Acquires 69 Stores From Circle K

Buyer converting half of the sites to franchised Kangaroo Express locations

Mergers & Acquisitions

Wayne Oil Completes Industry Exit

Former retailer sells remaining wholesale petroleum transport and delivery assets

Deal includes $16 million in cash and $9.5 million in shares

Brands include Circle K, Kangaroo Express and Flash Foods

Deal includes 121 branded, 64 contracted Mid-Atlantic sites

Retailer investing $50 million over two years on refresh

Retailer will invest in improving existing stores in core markets, adding new-to-industry locations

Consolidation shakes up major players

Retailer plans to open, rebuild even more stores, supply chain and labor issues permitting

Pork-rind maker expects faster growth, innovation with fresh revenue

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