Announced
Completed
Financials
Tags
Food Retailers and Wholesalers
United States
Single Bidder
Friendly
Private
Majority
Acquisition
convenience stores
Domestic
Completed
Synopsis
Murphy USA, a retailer of gasoline and convenience merchandise, completed the acquisition of QuickChek, a chain of convenience stores, for $645m. The transaction, expected to close during the first quarter of 2021, is projected to add to its earnings in 2022. “The future remains bright for the combined organization as we kick off the first 100 days of our integration plan where best practices and unique capabilities across each company will contribute to a more compelling value proposition for our customers, our employees, and our stakeholders," Andrew Clyde, Murphy USA President and CEO.
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