GPM Investments completed the acquisition of the fuel distribution activities of Empire Petroleum Partners for $400m.

GPM Investments, the largest privately-owned company in the convenience store channel of business, completed the acquisition of the fuel distribution activities of American Infrastructure Funds-backed Empire Petroleum Partners, a motor fuels distributor, for $400m. "Adding 1.5k wholesale fuel locations is a transformational event for our company, bringing significant strategic benefits and accelerating our next phase of growth. We welcome these dealers, along with Empire's corporate associates and the associates at the 77 retail stores to the GPM family and look forward to continuing the great service that has been provided by Empire," Arie Kotler, GPM Chief Executive Officer.