Sunoco LP/Aplus

Sunoco LP completed its acquisition of Calgary, Alberta-based Parkland Corp. in 2025. The $9.1 billion deal includes Parkland's 650 retail outlets and 1,830 dealer sites. Parkland is the second-largest c-store operator in Canada and operates more than 200 stores in the United States under Parkland USA. The acquisition boosts Dallas-based Sunoco's total number of U.S. convenience stores to about 275.

Sunoco had tried several times to buy Parkland before the companies agreed to the acquisition.

Before the deal was announced, Parkland had conducted a strategic review of its business, having undergone several leadership changes and pushback from some of its largest shareholders.

Sunoco sold 204 c-stores to 7-Eleven Inc. in January 2024, including Stripes convenience stores and Laredo Taco Company restaurants, for approximately $1 billion. That left Sunoco with 75 company-owned retail stores, including 54 Aloha Island Mart c-stores in Hawaii.

Parkland is an international fuel distributor, marketer and convenience retailer with operations in 26 countries across the Americas. It is the second-largest c-store operator in Canada, with 650 retail outlets and 1,830 dealer sites. Parkland USA operates about 211 U.S. stores, under brands including On the Run.

For benchmarking purposes, store counts are as of Jan. 1, 2026.