The Biggest C-Store Deals So Far This Century

The Biggest C-Store Deals So Far This Century

No. 2 Phillips Petroleum Acquires Tosco

In 2001, Bartlesville, Okla.-based Phillips Petroleum Co. closed on its acquisition of Stamford, Conn.-based refiner-marketer Tosco Corp. for $7.49 billion

The Biggest C-Store Deals So Far This Century

No. 5 Couche-Tard Acquires CST Brands

In 2017, Alimentation Couche-Tard acquired CST Brands Inc., San Antonio, with 1,300 stores in the United States and Canada, for $4.43 billion.

In 2018, 7-Eleven closed on the acquisition of approximately 1,030 Sunoco LP company-owned c-stores in 17 states under the Sunoco and Stripes brands for $3.114 billion.

The c-store industry’s penchant for M&A deals is prolific. Among the many other noteworthy acquisitions

As 7-Eleven picks up Speedway, CSP looks at the most significant convenience-store transactions of the past 20 years

Not surprisingly, the Circle K c-store chain arose from an acquisition.

In 2014, Speedway acquired New York-based Hess Corp.'s 1,256-station retail outlets for $2.82 billion.

In 2018, supermarket retailer The Kroger Co., Cincinnati, sold its c-store business unit, including 762 stores, to EG Group

7-Eleven in August 2020 entered into an agreement to acquire Marathon Petroleum Corp.’s company-owned convenience-store network Speedway LLC for $21 billion.

Couche-Tard acquired The Pantry Inc. for approximately $860 million in 2015.

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