Professional M&A intelligence for the energy transition
Stonepeak and Energy Equation Partners announced an agreement to acquire Anwim S.A., Poland's largest independent fuel marketer and owner of the MOYA station network. The transaction continues Stonepeak and EEP's European fuel retail joint venture. Financial terms were not disclosed. The transaction is expected to close in the second half of 2026, subject to customary […]
The Saudi Arabian Oil Company (Aramco) completed the acquisition of the Valvoline (NYSE: VVV) global products business for $2.65 billion.
Aramco completed the acquisition of a 40% equity stake in Gas & Oil Pakistan Ltd. (GO). GO, a downstream fuels, lubricants and convenience stores operator, is one of the largest retail and storage companies in Pakistan.
Marathon Petroleum completed its $21 billion divestiture of Speedway convenience store and fuel retail business to 7-Eleven, a subsidiary of Japan's Seven & i Holdings Co., Ltd. (3382: Tokyo). The deal made 7-Eleven the largest U.S. convenience retailer.
EG Group acquired Cumberland Farms for $2.15 billion in October 2019. The deal added 567 stores across eight U.S. Northeast states to EG's portfolio.
ARKO Corp. (Nasdaq: ARKO) subsidiary GPM Investments acquired Pride Convenience Holdings, which operates 31 convenience stores in highly desirable locations. The deal expands ARKO's convenience store footprint into Massachusetts, making it the 34th state in which the company will operate.
Sunoco LP completed the divestiture of approximately 200 convenience store properties as part of its strategy to focus on fuel distribution and pipelines. 7-Eleven acquired over 200 stores, including Stripes convenience stores and Laredo Taco Company restaurants. Located across West Texas, New Mexico and Oklahoma, these stores will join the over 13,000 7-Eleven, Speedway and Stripes locations that 7-Eleven operates, […]