"We are delighted to acquire the One Stop portfolio,” said CrossAmerica CEO Joe Topper in the article. "Michael Graney, president of One Stop, has built a regional powerhouse organization with a strong basis for future growth. This acquisition further solidifies CrossAmerica’s commitment to West Virginia and Virginia."
The transaction, reported the article, includes one freestanding and franchised quick-service restaurant (QSR), four commission agent sites, nine dealer fuel-supply agreements and 41 One Stop locations.
Five of the company-operated One Stop locations feature quick-service restaurants, the article continued, and 30 of the company-operated and commission agent sites are “owned fee simple locations.”
"We are excited to join the CrossAmerica team and look forward to a bright future for our valued and loyal employees and customers and the communities we serve," stated One Stop President Michel Graney in the article.
You can find the article here.