Grocery & Drug Stores M&A » By The Online Investor Staff, updated Tue., Apr. 16, 4:22 PM
Recent mergers and acquisitions in the Grocery & Drug Stores M&A category.
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Slide #14. Susser Holdings Corporation and Susser Petroleum Partners LP — Sac-N-Pac Convenience Stores
Acquirer:
Susser Holdings Corporation and Susser Petroleum Partners LP (SUSS)
Acquiree:
Sac-N-Pac Convenience Stores
Details:
Susser Holdings Corporation (NYSE: SUSS) and Susser Petroleum Partners LP (NYSE: SUSP) today announced the closing of their previously announced acquisition of the convenience store assets and fuel distribution contracts of Sac-N-Pac Stores, Inc. and 3W Warren Fuels, Ltd.
Susser Holdings is a holding company. Through its subsidiaries, Co. is engaged in the operation of retail convenience stores and wholesale motor fuel distribution. As of Dec 29 2013, Co.'s retail segment operated 580 convenience stores in Texas, New Mexico and Oklahoma, providing merchandise, food service, motor fuel and other services. Co.'s retail stores operate under its proprietary Stripes® convenience store brand. Co.'s wholesale motor fuel segment purchases motor fuel from refiners and distributes it to its Stripes® convenience stores, contracted independent operators; independently operated consignment locations, unbranded convenience stores and other commercial users.
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