M&A Deal Summary |
|
|---|---|
| Date | 2023-04-21 |
| Target | Kum & Go |
| Sector | Retail |
| Buyer(s) | Maverik |
| Sellers(s) | Krause Group |
| Deal Type | Divestiture |
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Maverik is an independent fuel marketer in the Intermountain West. Locations include Arizona, California, Colorado, Idaho, New Mexico, Nebraska, Nevada, Oregon, South Dakota, Utah, Washington, and Wyoming. Maverik is known for its premium BonFireTM food, made fresh in every Maverik, every day, and awesome values on fuel, drinks, and snacks. Maverik sells exclusive products in its BonFireTM fresh- made food menu and “Bean to Cup” coffee blends. Maverik was founded in 1928 and is based in Salt Lake City, Utah.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Retail) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Iowa) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2023) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-21 |
Solar Transport
Des Moines, Iowa, United States Solar Transport is a tank truck carrier and logistics provider. Solar Transport is based in Des Moines, Iowa. |
Buy | - |
Krause Group is a parent company to a diverse set of businesses that include convenience retail, logistics, Italian wineries and hospitality, real estate, agriculture, and soccer clubs. Krause Group is based in Des Moines, Iowa.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Retail) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Iowa) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2023) | 1 of 1 |
