USA: Global Partners to acquire network of sites in Connecticut

The deal includes 27 company-operated gas stations with “Wheels”-branded convenience stores in Connecticut

Global Partners LP announced an agreement to purchase 27 retail fuel and convenience store assets of Consumers Petroleum of Connecticut.

The acquisition includes 27 company-operated gas stations with “Wheels”-branded convenience stores in Connecticut. The transaction also includes fuel supply agreements for approximately 25 gas stations located in Connecticut and New York. The stations market fuel under the Citgo and Sunoco brands.

“The team at Consumers Petroleum has built an impressive brand, with locations along high-traffic routes throughout Connecticut. We are excited about adding these facilities to our portfolio and expect the transaction to be accretive within the first full year of operation,” said Global Partners President and CEO Eric Slifka.

With approximately 1,550 locations primarily in the Northeast, Global Partners is one of the region’s largest independent owners, suppliers and operators of gasoline stations and convenience stores.