M&A


  • A photo of a Citgo fuel canopy at night.
    Image attribution tooltip
    Permission granted by Citgo
    Image attribution tooltip
    Column

    3 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 Oct. 4, 2024
  • Snacking brands made by PepsiCo's Frito-Lay division on a grocery store shelf in Washington, D.C.
    Image attribution tooltip
    Christopher Doering/C-Store Dive
    Image attribution tooltip

    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
  • A screenshot from a video showing the exterior of a Stewart's location.
    Image attribution tooltip

    Screenshot from a Stewart’s Shops video.

    Image attribution tooltip

    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 Sept. 27, 2024
  • A photo of the exterior of a Rutter's beer cave.
    Image attribution tooltip
    Permission granted by Rutter's
    Image attribution tooltip
    Column

    3 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 , Sept. 20, 2024
  • Casey's
    Image attribution tooltip
    Retrieved from Casey's.
    Image attribution tooltip

    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 Sept. 19, 2024
  • getgo
    Image attribution tooltip
    Retrieved from GetGo website.
    Image attribution tooltip
    Column

    3 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 Sept. 13, 2024
  • Circle K
    Image attribution tooltip
    Retrieved from Couche-Tard.
    Image attribution tooltip

    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 Sept. 10, 2024
  • GetGo
    Image attribution tooltip
    Retrieved from GetGo.
    Image attribution tooltip

    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 Sept. 5, 2024
  • Casey's
    Image attribution tooltip
    Courtesy of Casey's
    Image attribution tooltip

    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 Sept. 5, 2024
  • True North Energy
    Image attribution tooltip
    Retrieved from True North Energy.
    Image attribution tooltip

    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 Aug. 29, 2024
  • Casey's
    Image attribution tooltip
    Retrieved from Casey's.
    Image attribution tooltip

    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 Aug. 29, 2024
  • 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 Aug. 27, 2024
  • A photo of a gas station and convenience store. Both the fuel canopy and store read "Circle K."
    Image attribution tooltip
    Permission granted by Circle K
    Image attribution tooltip
    Column

    Fueling 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 Aug. 20, 2024
  • 7-Eleven
    Image attribution tooltip
    Courtesy of 7-Eleven
    Image attribution tooltip

    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 Aug. 20, 2024
  • kellanova
    Image attribution tooltip
    Courtesy of Kellanova
    Image attribution tooltip

    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
  • 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 Aug. 12, 2024
  • A photo of a person holding the fuelling nozzle of a gas pump.
    Image attribution tooltip
    Miguel Villagran via Getty Images
    Image attribution tooltip

    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 Aug. 7, 2024
  • Casey's
    Image attribution tooltip
    Retrieved from Casey's.
    Image attribution tooltip

    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 , July 26, 2024
  • United Refining
    Image attribution tooltip
    Retrieved from Kwik Fill.
    Image attribution tooltip

    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 July 16, 2024
  • Brewer Oil
    Image attribution tooltip
    Retrieved from Brewer Oil Company.
    Image attribution tooltip

    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 June 27, 2024
  • A photo fo the exterior of a convenience store. A sign over the door says "fast track" while a sign in front of the building says Exxon, Fast TRack and Hunt Brothers Pizza.
    Image attribution tooltip
    Permission granted by Matrix Capital Markets Group,
    Image attribution tooltip

    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 June 17, 2024
  • Casey's
    Image attribution tooltip
    Retrieved from Casey's.
    Image attribution tooltip

    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 June 13, 2024
  • EG Group
    Image attribution tooltip
    Retrieved from Loaf 'N Jug website.
    Image attribution tooltip

    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 June 6, 2024
  • 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 May 17, 2024
  • Amcon
    Image attribution tooltip
    Retrieved from Amcon.
    Image attribution tooltip

    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 April 22, 2024