Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry
rhinehart oil logo

Parkland Fuel Corp., through its U.S. subsidiary Parkland USA, has entered into an agreement to acquire all of the equity interests of Rhinehart Oil Co. Inc., a retail, commercial and lubricants business with operations in Utah, Colorado, Wyoming and New Mexico.

 

Deal includes 9 c-stores, provides platform for U.S. retail, commercial, wholesale expansion

CALGARY, Alberta -- Parkland Fuel Corp., through its U.S. subsidiary Parkland USA, has entered into an agreement to acquire all of the equity interests of Rhinehart Oil Co. Inc., a retail, commercial and lubricants business with operations in Utah, Colorado, Wyoming and New Mexico. Rhinehart...

applegreen plc logo

Dublin-based retailer expands U.S. network

LEXINGTON, S.C. -- Applegreen plc and Petrogas Global Ltd. have acquired seven convenience stores from Carolina Convenience Corp., as well as its wholesale fuels distribution business in South Carolina. Carolina Convenience operated eight S-Mart c-stores in Columbia, S.C., and supplied dealers...

albertsons

Proposed $24 billion deal scuttled amid investor unease

BOISE, Idaho, and CAMP HILL, Pa. -- The planned marriage between Albertsons Cos. and Rite Aid has been called off amid concerns that the drug chain’s investors wouldn’t approve of the $24 billion price tag just hours before they were set to vote on it. The unraveling will apparently cost Albertsons...

pumping gas

Arkansas sees most growth in this month’s tally

getty realty logo
Expands relationship with Irish retailer in Columbia, S.C., market
marathon andeavor logos

Lower fuel margins, higher expenses hurt Speedway’s 2018 second quarter

r-store mad max logos
Wisconsin c-store retailer has another acquisition on tap and is seeking others
global partners logo
T-Bird and Jiffy Mart deals provide economies of scale for fuel and merchandise
marathon petroleum corporation logo
Team includes executives from both MPC and Andeavor
jiffy mart logo
Also closes on purchase of Vermont company’s retail fuel assets

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