acquisition

Breaking News: Carroll Independent Fuel Co. Acquires High’s of Baltimore

“The acquisition by Carroll will ensure the continuance of a well-recognized brand and the accelerated growth of the High’s name within our market area,” says High’s spokesperson.   High’s of Baltimore Inc. has divested its High’s Dairy Stores to The Carroll Independent Fuel Co. Hanover, Md.-based High’s directly operates 46 retail convenience stores and gas

Cumberland Farms Selling 61 Stores

Cumberland Farms Inc. is selling 61 convenience store properties through a structured sale process to be managed by Matrix Capital Markets Group Inc. Cumberland owns the real estate at all of the sites and leases them to third party tenants under triple net lease agreements. These tenants operate independent convenience stores and other retail businesses

Kwik Pik Closes on 144 Uni-Mart Properties

All of the retail convenience stores and petroleum distribution assets of bankrupt Uni-Marts LLC have sold successfully, according to Matrix Capital Markets Group Inc. Kwik Pik LLC, an affiliate of Lehigh Gas Corporation, purchased 144 of the assets. The sale on 138 of those 144 assets closed on Dec. 30. Kwik Pik closed on the

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