Petroleum Marketers - Ownership and Business Overview

RetailCompany

Petroleum Marketers Ownership

Who owns Petroleum Marketers?

Petroleum Marketers is owned by CrossAmerica Partners. It was acquired on May 1, 2014.

Petroleum Marketers Business Overview

Where is Petroleum Marketers headquartered?

Petroleum Marketers is headquartered in Roanoke, Virginia.

What sector is Petroleum Marketers in?

Petroleum Marketers is a retail company.

When was Petroleum Marketers founded?

Petroleum Marketers was founded in 1950.

Retail M&A Summary in 2014

Out of 60 sectors in the Mergr database, retail ranked 16 in number of deals in 2014. The largest retail acquisition in 2014 was Safeway - which was acquired by Albertsons Companies for $9.2B.

Join Mergr to view all 173 acquisitions of retail companies in 2014, including 31 acquisitions by private equity firms, and 142 by strategics.

Petroleum Marketers, Inc.

3000 Ogden Road,
Roanoke, Virginia 24018
United States,
(540) 772-4900
www.petroleummarketers.com

Petroleum Marketers, Inc. operates two primary lines of business: convenience stores and petroleum products distribution. In its convenience store business, PMI operates 85 convenience stores and 9 co-located branded quick service restaurants located primarily along the Interstate 81 corridor in Virginia, with a concentration in the Roanoke, VA area. The petroleum products business distributes motor fuels and other petroleum products to customers throughout Virginia, West Virginia, Tennessee and North Carolina.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.0/yr) # 2 - - - - - 2
  2

Most Recent M&A

Company Date Value Type
Whiting Oil Co. 2015-10-13 - Divestiture
Culpeper, Virginia
Northern Neck Oil Co., Inc. 2015-10-13 - Divestiture
Warsaw, Virginia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration - - 2 (100%) -
Total - - 2 -

By Geo

State/Country Buy Value Sell Value
United States - - 2 -
  Virginia - - 2 -
Total - - 2 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
2 (100%)

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