Eye on Growth

Holt Oil exits the convenience channel with the transaction. Yesway’s total store count grew to 425 sites with the opening of three Allsup’s locations in Texas in mid-November. As of last month, the retailer opened 39 new-to-industry and relocated stores to date in 2022.

Petroleum Marketing Group Inc. picked up 19 convenience stores and gas stations in North Carolina from Holt Oil Co. The transaction also included Holt’s wholesale dealer business.

Majors Management LLC and its affiliates closed on the purchase of 10 Chevronbranded c-stores, a dealer wholesale business, and a commercial fuels and lubricants business from Morgan Oil Co Inc. The deal also included an associated bulk plant facility.

The Cigarette Store LLC dba Smoker Friendly expanded its network with the addition of 30 stores across Indiana and Kentucky as part of its acquisition of Seymour, Ind.-based Collett Enterprises Inc.

Chevron U.S.A. Inc. inked a definitive agreement to take full ownership of Beyond 6 LLC (B6) and its network of 55 compressed natural gas stations. B6 is co-owned by a Mercuria Energy Trading subsidiary and B6 CEO Andrew West.