Global Partners Acquires Consumers Petroleum of Connecticut's Wheels Retail Fuel and Convenience Stores.

M2 EQUITYBITES-January 28, 2022-Global Partners Acquires Consumers Petroleum of Connecticut's Wheels Retail Fuel and Convenience Stores

(C)2022 M2 COMMUNICATIONS http://www.m2.com

US-based gasoline stations and convenience store operator Global Partners LP (NYSE: GLP) has completed the purchase of retail fuel and convenience store assets from Consumers Petroleum of Connecticut, Inc, the company said.

The transaction includes 26 company-operated "Wheels" branded convenience stores in Connecticut, as well as fuel supply agreements with 22 sites in Connecticut and New York.

As part of a Federal Trade Commission consent order, Global has divested seven select retail sites in Connecticut.

Global offers essential fuel, food and supplies to local communities and supports non-profits and community organizations throughout its footprint, at more than 1,600 retail locations and more than 20 bulk energy terminals.

With more than 1,600 locations...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT