Roberts Oil Co. divests family-owned Pump-N-Save c-stores in Albuquerque to Alon Brands.
Roberts Oil Co. has sold 14 family-owned Pump-N-Save convenience stores in Albuquerque, N.M. to Dallas-based Alon Brands, which has already begun converting the sites to Alon/7-Eleven stores.
Customers can expect to see their favorite 7-Eleven brands, including Slurpee, Big Gulp and Big Bite in stores within the next 90 days.
Alon Brands, which is a supplier and marketer of Alon fuels, now has 38 Albuquerque c-store locations.
“After more than 40 years of serving the Albuquerque community, the decision to sell was not an easy one for our family,” said Karon Roberts of Roberts Oil Co. “However, we’re confident that our business, our employees and our customers are in good hands with Alon/7-Eleven, and we’re looking forward to seeing the positive changes Alon has planned for the stores.”
According to Eric Corley, regional manager for Alon Brands in Albuquerque, the company will continue to employ all Roberts Oil team members, including store associates and managers. Additional jobs will also be created as a part of the acquisition.
“This expansion is part of a significant investment we’re making in the Albuquerque region,” said Corley. “In addition to growing the Alon/7-Eleven footprint by more than 50%, we also just finished remodeling all of our locations in the area and built a brand new store in Rio Rancho. I’m proud of the commitment the company has made and will continue to make to this community and our customers here in Albuquerque.”
The companies celebrated the acquisition with a ribbon cutting ceremony and Slurpee toast at 1:30 p.m. on Aug. 18 at the new Alon/7-Eleven store at 8600 Central Ave. SW. Albuquerque customers will also have a chance to enter to win free Slurpees for a year by texting “Slurpee” to 444222 this week.