Announced

Casey’s General Stores to acquire Fikes Wholesale for $1.15bn.

Synopsis

Casey’s General Stores, an operator of convenience store chains, agreed to acquire Fikes Wholesale, an operator of convenience store and filling stations, for $1.15bn. “The acquisition by Casey’s, especially given its reputation and shared values, is an exciting development for Fikes and our employees. I am happy that the CEFCO stores will join a top convenience retailer that will reinvest in the stores and eventually bring Casey’s pizza to many of our customers as well as provide professional opportunities for our employees. We believe Casey’s will be an excellent steward of the CEFCO experience that our loyal customers have come to expect," Raymond Smith, Fikes President.

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