Casey's General Stores, Inc. completed the acquisition of 48 petroleum marketing and convenience retail stores from Circle K Stores Inc.
June 27, 2021
Share
Casey's General Stores, Inc. acquired 48 petroleum marketing and convenience retail stores from Circle K Stores Inc. on June 28, 2021. Matrix Capital Markets Group, Inc. acted as financial advisor to Circle K Stores Inc. The transaction was managed by Cedric Fortemps, Co-Head of Matrix’s Downstream Energy & Convenience Retail Investment Banking Group; John Duni, Vice President; and John Mickelinc, Associate.
Casey's General Stores, Inc. completed the acquisition of 48 petroleum marketing and convenience retail stores from Circle K Stores Inc. on June 28, 2021. Matrix Capital Markets Group, Inc. acted as financial advisor to Circle K Stores Inc..
Casey's General Stores, Inc., through its subsidiaries, operates convenience stores under the names Casey's and Caseys General Store in 16 states, primarily in Iowa, Illinois, and Missouri. Its convenience stores carry a range of food items, including freshly prepared foods such as regular and breakfast pizza, donuts, hot breakfast items, and hot and cold sandwiches, beverages, tobacco and nicotine products, health and beauty aids, automotive products, and other non-food items. In addition, all but four offer fuel for sale on a self-service basis. Its GoodStop brand offers fuel for sale on a self-serve basis, and a range of selection of snacks, beverages, tobacco products, and other essentials. It also operates two stores selling primarily tobacco and nicotine products, one liquor-only store, and one grocery store. The Company operates approximately 2,521 stores. The Company operates three distribution centers. It has a fleet of approximately 397 tractors used for distribution.
CASEY'S GENERAL STORES, INC. 
