Mergers & Acquisitions News

Mergers & acquisitions news affecting the convenience store industry

Will consolidate Richmond and Mechanicsville operations

FREDERICKSBURG, Va. -- Quarles Petroleum Inc., a regional provider of residential and commercial fuel, has acquired the petroleum-distribution business of Colonial Fuel Oil, Mechanicsville, Va. Fredericksburg, Va.-based Quarles currently operates distribution centers throughout Virginia and will...

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Usual suspects, wild cards among possible buyers if retailer decides to sell c-stores


Private offering of senior notes to pay closing costs, taxes in deal to close this month

DALLAS -- As the closing of 7-Eleven Inc.'s acquisition of more than 1,100 convenience stores from Sunoco LP nears, Sunoco has announced a private offering of senior notes due 2023, 2026 and 2028 in an aggregate principal amount of $1.75 billion. The company intends to use the net proceeds from the...

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Eight-store chain changes hands in Southern Texas
Northern California locations rebranded as Power Market and Extra Mile
Retailer 'expects to deliver substantial value for its shareholders'.
caseys general store
Activist investors push c-store chain’s board to explore strategic alternatives
caseys general store
JCP issues letter to shareholders claiming c-store chain is 'undervalued'.
spinx south carolina

Florida, Wisconsin lead this month’s tally

Sampson-Bladen Oil Co. and Alta Convenience Stores
Retailers report acquisitions in Colorado and North Carolina