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Hess retail locations acquired by Speedway

May 22, 2014
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FINDLAY, Ohio — Hess, the fifth largest convenience store operator in the U.S., has sold its retail locations to Speedway LLC, according to CSPnet.com.

The deal, which totaled $2.874 billion according to the article, was announced by Marathon Petroleum Corp. (MPC) the parent company of Speedway.

More articles on: C-stores

Hess is the largest operator of c-stores on the East Coast, with 1,256 stores across 16 states.

The acquisition will position Speedway as the “premier convenience store operator in the eastern U.S.,” noted the article.

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