Hutchinson Oil Company Inc. has sold its petroleum marketing and convenience retail business to Circle K Stores Inc., according to a press release from Matrix Capital Markets Group Inc., who advised the sale. Headquartered in Elk City, Oklahoma, Hutchinson operates 20 Hutch’s branded convenience stores and travel centers in western Oklahoma and southern Kansas.
“Hutchinson is a third-generation, family owned and operated business that was founded by Ross Hutchinson in 1969. ... The stores offer a top-tier ‘Hutch’s Deli’ proprietary food and beverage program with made-to-order (MTO) foodservice and an extensive selection of traditional convenience merchandise.”
Hutchinson sold its delivered fuels business, which sold commercial refined fuels products throughout eastern Oklahoma, to Hampel Oil Distributors Inc. in the fourth quarter of 2024.
“With the closing of the c-store retail and travel centers transaction, the Hutchinson family has now exited the fuels industry after a long and successful period as one of Oklahoma’s premier petroleum marketers, fuels distributors and convenience retail operators,”. said Matrix
Full story Circle K to Acquire 20 Hutchinson Convenience Stores | NACS
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