Casey's General Stores Acquires Fikes Wholesale (CEFCO Convenience Stores)

November 5, 2024

Casey's General Stores (Nasdaq: CASY) completed the acquisition of Fikes Wholesale, owner of CEFCO Convenience Stores, on November 1, 2024. The deal adds roughly 198 CEFCO locations (148 in Texas and 50 in Alabama, Florida and Mississippi), expanding Casey's store footprint to about 2,900 locations and advancing its geographic growth strategy.

Buyers
Casey's General Stores, Inc.
Targets
Fikes Wholesale, CEFCO Convenience Stores
Sellers
Fikes Wholesale, The Fikes Companies
Industry
Retail
Location
Texas, United States
Transaction Type
Buyout

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