M&A Deal Summary

Alimentation Acquires MAPCO Express - 112 Fuel and Convenience Retail

On April 27, 2023, Alimentation acquired retailer MAPCO Express - 112 Fuel and Convenience Retail from MAPCO Express

Acquisition Highlights
  • This is Alimentation’s 8th transaction in the Retail sector.
  • This is Alimentation’s 7th transaction in the United States.
  • This is Alimentation’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2023-04-27
Target MAPCO Express - 112 Fuel and Convenience Retail
Sector Retail
Buyer(s) Alimentation
Sellers(s) MAPCO Express
Deal Type Divestiture

Target

MAPCO Express - 112 Fuel and Convenience Retail

Brentwood, Tennessee, United States
MAPCO Express's 112 Fuel and Convenience Retail includes a strong network of modern, high-quality, well-located sites in attractive and desirable markets predominantly in Tennessee and Alabama, but also in Kentucky and Georgia.

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Buyer(S) 1

Buyer

Alimentation

Laval, Quebec, Canada
Category Company
Founded 1980
Sector Retail
Employees150,000
Revenue 71.9B USD (2023)
DESCRIPTION

Alimentation is one of the largest company-owned convenience store operators in the world with more than 13,000 stores across Canada, the United States, Europe, Mexico, Japan, China, and Indonesia. Alimentation was incorporated in 1980 and is based in Laval, Canada.

DEAL STATS #
Overall 10 of 11
Sector (Retail) 8 of 9
Type (Divestiture) 3 of 4
State (Tennessee) 1 of 1
Country (United States) 7 of 8
Year (2023) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-16 TotalEnergies - European Assets

Paris, France

TotalEnergies's European Assets comprise 100% of TotalEnergies retail assets in Germany and the Netherlands as well as a 60% controlling interest in the Belgium and Luxembourg entities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-19 GetGo

Cranberry Township, Pennsylvania, United States

GetGo is a food-first convenience store experience that operates approximately 270 convenience retail and fueling locations across Pennsylvania, Ohio, West Virginia, Maryland and Indiana. It operates a variety of models from open-concept stores to stand-alone kiosks and features an extensive menu of high-quality, made-to-order foods. GetGo is based in Cranberry Township, Pennsylvania.

Buy -

Seller(S) 1

SELLER

MAPCO Express

Brentwood, Tennessee, United States
Category Company
Sector Retail
DESCRIPTION

MAPCO Express is a major convenience store chain with 348 corporate stores operating primarily in Tennessee, Alabama and Georgia, with an additional presence in Arkansas, Virginia, Kentucky and Mississippi. MAPCO operates company stores under the banners MAPCO Express, MAPCO Mart, East Coast, Fast Food and Fuel, Favorite Markets, Delta Express and Discount Food Mart. MAPCO Express is based in Brentwood, Tennessee.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
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