A new agreement will nearly double the c-store base for Wallis Cos.
Wallis Cos. has announced that it has signed a definitive agreement to acquire the assets of U-Gas Holdings Inc.
The newly inked agreement states that Wallis Cos. will be acquiring 19 U-Gas c-stores, along with 14 Dirt Cheap convenience stores from U-Gas Holdings. According to a report from PetrolPlaza, Wallis Cos. currently operates a network of 34 convenience stores, while it also supplies to 167 dealer locations.
In addition to the acquisition of the 33 stores from U-Gas Holdings, PetrolPlaza reported that 48-year-old Wallis Cos. will also be acquiring the Gigi’s Commissary.