Mergers & Acquisitions

Lou Perrine’s Sold to Indiana Investment Firm

2 Kenosha, Wisconsin, c-stores to close July 11
lou perrine's
Logo/Lou Perrine's

Well-known independent convenience-store retailer Anthony Perrine has sold both Lou Perrine’s Gas & Groceries locations in Kenosha, Wisconsin, to an undisclosed investment firm based in Indianapolis, the retailer said in a Facebook post.

July 11 is the two stores’ last day in business after 68 years at the original location and just over a year at the second location.

“Anthony was in talks with [the investment firm] the past 4 years, they wanted our locations and he finally came to a agreement with them after long talks over the past years. It was not just selling the stores, but Anthony felt it was time for his Mom—Laurie (Mama P)—to take a long and well-deserved retirement,” the post said.

The company has retained the Mama P’s HoHo Cake and “and will be back with that. We also, kept the brand name Lou Perrine’s Gas & Groceries,” said the post.

Lou Perrine’s did not respond to a CSP request for comment by posting time.

Regarding the sale, State Sen. Bob Wirch (D), said in a statement on WisPolitics, “What a bittersweet day. Lou Perrine’s isn’t just a store in Kenosha; Lou Perrine’s is Kenosha. People from all over know about Lou Perrine’s, and while I’m sad to hear that Lou, Anthony, Laurie and the entire crew won’t be running the show anymore, I’m happy that they reached a deal that was good for the family and will provide Lou and Laurie with a well-earned retirement. … Lou Perrine’s is an iconic Kenosha brand.”

Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Foodservice

Looking Up: Limited-Time Offers on the Rise

These deals continue to grow in all mealparts, Technomic reports show

Company News

Knowing Growing: QuikTrip Flexes in 2023

C-store chain celebrates 1,000th opening, opens 13th medical clinic, more

Foodservice

Get Creative in Foodservice to Thrive in 2024, Technomic Says

Report: Operators must lean into tech, menu and service innovation, take advantage of existing ingredients and resources

Trending

More from our partners