Speedway Closes on Express Mart Acquisition

Source Press
Company Marathon Petroleum Corporation 
Tags Asset Deals, Deals, Refining & Marketing Activities
Date November 06, 2018

(www.cspdailynews.com) Speedway LLC has closed on the purchase of Petr-All Petroleum Consulting Corp.’s 78 Express Mart convenience-store and petroleum marketing assets.

Speedway signed an agreement April 16 for the purchase of Syracuse, N.Y.-based Petr-All’s stores, located primarily in the Syracuse, Rochester and Buffalo, N.Y., markets."

This acquisition is a great strategic fit for Speedway and consistent with our growth plan," said Speedway President Tony Kenney when the company announced the deal. "These stores will enhance our existing network and expand our brand presence in a key growth market for Speedway."

Source: EvaluateEnergy® ©2019 EvaluateEnergy Ltd