MKM Oil Sells 35 C-Stores to TravelCenters of America
GARDNER, Ill. — MKM Oil Co. has closed on the sale of 35 Fast N Fresh convenience stores in central Illinois to TravelCenters of America.
American Business Brokers & Advisors, Effingham, Ill., and W.J.F. Services, Normal, Ill., provided merger and acquisition advisory services to Gardner, Ill.-based MKM Oil and its Fast N Fresh Quality Fuels.
TravelCenters of America, Westlake, Ohio, is a leading travel center business in 43 states and Canada operating under the TA and Petro Stopping Centers brands. With more than 250 full-service locations off interstate highway exits, TA and Petro Stopping Centers offer customers diesel and gasoline fueling services, more than 500 full- and quick-service restaurants, 24-hour convenience stores, heavy-truck maintenance services, RoadSquad Connect 24/7/365 emergency roadside service, Reserve-It truck parking reservations and other services within large, high-traffic facilities. TravelCenters also operates approximately 200 gas stations and convenience stores under the Minit Mart brand name.
Watch for details on CSPnet.com and in CSP Daily News.