M&A
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Permission granted by Citgo
Column3 Big Numbers: Stewart’s, Citgo and c-store (dis)satisfaction
Big M&A made headline, but a new customer satisfaction report shows retailers still need to focus on execution.
By Jessica Loder • Oct. 4, 2024 -
Christopher Doering/C-Store Dive
PepsiCo to acquire tortilla-chip maker Siete Foods for $1.2B
The acquisition expands on the New York company’s efforts to improve the healthiness of its snacking portfolio as consumers watch what they eat.
By Christopher Doering • Oct. 2, 2024 -
Screenshot from a Stewart’s Shops video.
Stewart’s to buy 45-store chain
The acquisition of Jolley Associates will expand Stewart’s reach in Vermont and New York and introduce it to New Hampshire.
By Jessica Loder • Sept. 27, 2024 -
Permission granted by Rutter's
Column3 big numbers: New c-store challengers and billions in beer
Legacy Markets burst onto the scene with big plans, Shelee’s built its first store and booze is still big business for c-stores.
By Jessica Loder , Brett Dworski • Sept. 20, 2024 -
Retrieved from Casey's.
6 c-store companies entering new states through M&A
Casey’s and FEMSA made massive moves to establish and expand their presence in the South.
By Jessica Loder • Sept. 19, 2024 -
Retrieved from GetGo website.
Column3 Big Numbers: C-store squatters, GetGo’s buyout and cheese
Alimentation Couche-Tard expanded on its reasons for buying GetGo, Blue Owl wants Gas Hub out and Casey’s makes literal tons of pizza.
By Jessica Loder • Sept. 13, 2024 -
Retrieved from Couche-Tard.
Alimentation Couche-Tard, Seven & i publicly spar over buyout
The Canadian retailer said it wants to open talks to help refine its proposal, while the Japanese firm wants a better proposal before engaging.
By Jessica Loder • Sept. 10, 2024 -
Retrieved from GetGo.
Couche-Tard discusses strategy behind $1.6B GetGo acquisition
CEO Alex Miller referred to GetGo on Thursday as an “innovative, food-first” c-store experience that will bring expertise in foodservice and loyalty to Couche-Tard.
By Brett Dworski • Sept. 5, 2024 -
Courtesy of Casey's
Casey’s boosts 3-year growth target to 500 stores
The retailer is on track to reach the original 350-site goal “nearly 18 months early” thanks to its upcoming CEFCO acquisition, said CEO Darren Rebelez.
By Jessica Loder • Sept. 5, 2024 -
Retrieved from True North Energy.
True North acquires 15 c-stores in Wisconsin
This comes nearly three years after Brecksville, Ohio-based True North first entered Wisconsin, where the retailer now operates over 30 c-stores.
By Brett Dworski • Aug. 29, 2024 -
Retrieved from Casey's.
Why Texas has become the epicenter of c-stores in the US
Spurred by a fast-growing population and desirable building regulations, convenience retailers are flocking to the Lone Star State, experts say.
By Brett Dworski • Aug. 29, 2024 -
Retrieved from Fischer's Neighborhood Market.
Texas c-store retailer acquires 17-location competitor
Fischer’s Neighborhood Market, which operates over 30 locations in south-central Texas, has agreed to acquire regional chain Mini Mart.
By Brett Dworski • Aug. 27, 2024 -
Permission granted by Circle K
ColumnFueling Up: Couche-Tard is seizing the moment to dominate
Circle K’s parent company is on a mission to become the world’s largest c-store retailer, as evidenced by this week’s bid to acquire 7-Eleven and its deal to buy GetGo.
By Brett Dworski • Aug. 20, 2024 -
Courtesy of 7-Eleven
Examining the challenges — and likelihood — of Couche-Tard’s takeover of 7-Eleven
The Canadian retailer will undoubtedly face several hurdles in achieving what would be one of the biggest and most surprising M&A deals in recent memory, experts say.
By Brett Dworski • Aug. 20, 2024 -
Courtesy of Kellanova
Snickers owner Mars to buy Kellanova for $35.9B
The deal for the Cheez-It and Pringles maker is the biggest in the food space since the Kraft Heinz merger in 2015. It gives the gum and candy giant a dominant presence in savory snacks, where it currently has little exposure.
By Christopher Doering • Aug. 14, 2024 -
Retrieved from CrossAmerica Partners website.
CrossAmerica increasing its retail focus
The firm converted 80 locations to company-owned sites as part of a plan to grow its c-store segment.
By Jessica Loder • Aug. 12, 2024 -
Miguel Villagran via Getty Images
D&H United buys fellow fuel system services company
The deal for Missouri-based Show Me Petroleum Equipment is the company’s fifth acquisition in the past two years.
By Jessica Loder • Aug. 7, 2024 -
Retrieved from Casey's.
Casey’s to acquire CEFCO for $1.1B
The deal will add nearly 200 stores to the retailer’s footprint and introduce it to Florida, Alabama and Mississippi.
By Brett Dworski , Jessica Loder • July 26, 2024 -
Retrieved from Kwik Fill.
United Refining acquires 14-store Pennsylvania chain
Pump N Pantry is leaving the industry after nearly 50 years, continuing a run of small retailers selling their businesses amid today’s difficult operating environment.
By Brett Dworski • July 16, 2024 -
Retrieved from Brewer Oil Company.
No big deal: Small and mid-size M&A have ruled the c-store industry in 2024
While the first half of the year saw some big deals, most have been in the 10- to 60-store range as family-owned retailers continue to sell their businesses.
By Brett Dworski • June 27, 2024 -
Permission granted by Matrix Capital Markets Group,
Anabi/Rebel acquires 17 c-stores
Many of the Fast Track locations, which are all in northern Florida, include co-located QSRs that came with the deal as well.
By Jessica Loder • June 17, 2024 -
Retrieved from Casey's.
How Casey’s quietly acquired over 100 c-stores this past year
The Iowa-based retailer had one of its more active years on the M&A front through a series of small acquisitions of 10 stores or less.
By Brett Dworski • June 13, 2024 -
Retrieved from Loaf 'N Jug website.
BreakTime expands to 2 new states with acquisition
The convenience retailer, which bought 23 Loaf ‘N Jug stores in North Dakota and Montana, is the latest company to buy assets from EG America.
By Jessica Loder • June 6, 2024 -
Retrieved from Jack's Convenience Stores.
Kent Companies acquires 8 c-stores in West Texas
The purchase includes the entire Jack’s Convenience Stores chain across Midland, San Angelo and Abilene as Kent continues to grow in its home region.
By Brett Dworski • May 17, 2024 -
Retrieved from Amcon.
Amcon acquires another c-store distributor
The Nebraska-based company continues to expand its reach around the U.S. with its third acquisition since late 2022.
By Brett Dworski • April 22, 2024
