Sunoco expands its network in NY state and Texas
Sunoco L.P., the Dallas company that owns the Sunoco retail fuel chain, announced Wednesday it acquired small convenience store networks in upstate New York and in Texas.
Sunoco L.P., the Dallas company that owns the Sunoco retail fuel chain, announced Wednesday it acquired small convenience store networks in upstate New York and in Texas.
The company said it paid $76.4 million for 18 convenience stores in New York state from Valentine Stores, Inc. The purchase includes 18 company-operated locations that sell 20 million gallons of fuel annually and one standalone Tim Hortons restaurant.
Sunoco also bought the "Rattlers" retail convenience store assets and wholesale fuel business from Kolkhorst Petroleum, Inc. The acquisition, for an undisclosed price, includes 14 company-operated locations and a wholesale fuel supply network in the greater Austin, Houston and Waco, Texas markets, that sells or distributes 46 million gallons of fuel a year.
215-854-2947 @maykuth