Par Mar Oil has acquired 14 convenience stores from convenience and fuel retailer Santmyer Companies, Inc., according to Matrix Capital Markets Group, which coordinated the deal.
All 14 locations are based in Ohio and operate under Santmyer’s Red Rover c-store banner. In another part of the deal, Santmyer has sold its branded dealer wholesale business to fuel distributor Countywide Petroleum Company.
For Par Mar, this expands its footprint throughout its home state of Ohio, where it already operates around 60 convenience stores, according to its website.
Share this:
