GPM Deal Closed; GPM Begins Operation of E-Z Mart Stores in Texas, Oklahoma, Louisiana & Arkansas
GPM now operates and supplies approximately 1,400 sites in 22 states making it the 6th largest convenience store chain in the country
April 18, 2018
RICHMOND, VA—A subsidiary of GPM Investments, LLC, has taken ownership of 273 convenience stores in Texas, Oklahoma, Louisiana and Arkansas from E-Z Mart Stores, Inc. This growth into the Southwest portion of the country marks new territory for GPM’s existing portfolio.
A family-owned convenience store business, E-Z Mart stores have been operating for close to 50 years. The E-Z Mart stores have now leapt from their former ranking as the 31st largest chain in the U.S., to being part of the 6th largest chain of convenience stores.
“We are very excited about the E-Z Mart Stores. Sonja Yates Hubbard and her employees have been dedicated to building a brand worthy of Jim Yates’ legacy. We plan to continue providing their customers with the same quality of service,” said Arie Kotler, CEO. Kotler went on to say, “Bringing the E-Z Mart family of associates into the GPM fold was very important to our leadership team. We look forward to our continued development as we grow together through acquisitions.”
About GPM Investments, LLC
GPM Investments, LLC, together with its subsidiaries, is the largest privately-owned company in the convenience store channel of business. With the addition of these E-Z Mart stores, GPM has widened its reach to approximately 1,400 stores. The company, based in Richmond, VA, now operates or supplies fuel to stores in Arkansas, Connecticut, Delaware, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Michigan, Missouri, Nebraska, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas and Virginia. Its stores offer specialty a large selection of grocery items, such as fresh fruit, an exclusive E-vapors® line, a proprietary fas SNACKS line, and many other products to suit the needs of every customer. One feature, setting many of its convenience stores apart is a wide array of proprietary food offerings ranging from fresh-made salads and sandwiches to healthy, grab-and-go meals.
Visit www.gpminvestments.com to learn more about GPM’s stores.
Released April 18, 2018