US Supermarket company Giant Eagle Inc. has sold its retail fuel business to Cary Oil Co. Inc. in a transaction separate from the $1.57 billion sale of its Get Go Café + Markets convenience stores to Alimentation Couche-Tard Inc.
The wholesale motor fuels business distributes bp, Amoco, Phillips 66, Conoco and Marathon motor fuels to more than 80 contract dealer supply accounts in Indiana, Illinois and Kentucky.
Pittsburgh-based Giant Eagle began distributing branded wholesale motor fuels in December 2018 when it acquired Anderson, Indiana-based Ricker Oil Co. Inc., and most of dealer supply accounts are concentrated in and around the greater Indianapolis metropolitan area.
Cary Oil’s current wholesale fuels distribution business supplies approximately 1,000 dealers across more than 20 states and delivers almost 1 billion gallons of fuel annually.
Full story Giant Eagle sells wholesale motor fuels distribution business
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