ENON, Ohio — Speedway LLC, the nation’s second largest company-owned and -operated convenience-store chain, has entered into a new, long-term agreement with Cardtronics Inc.
The renewal agreement covers a footprint of approximately 2,750 stores located in 22 Midwest, East Coast and Southeast states. Cardtronics also has expansion rights to operate ATMs for Speedway in its future c-store locations.
“Cardtronics’ renewal with Speedway is in fact two renewals wrapped into one,” David Dove, president of North American Business Group for Cardtronics, said. “At the end of 2014, Speedway closed its acquisition of Hess’ convenience store operations, a longtime Cardtronics client. With this renewal agreement we’ve secured our existing business and are poised to activate value-added traffic driving and traffic-to-buyer conversion tools for the benefit of our client and their customers.”
Houston-based Cardtronics is the world’s largest retail ATM owner and operator. It owns and operates more than 111,500 retail ATMs in United States and in international locations.
Speedway, based in Enon, Ohio, has approximately 2,750 convenience stores located in 22 states. Speedway is a wholly owned subsidiary of Marathon Petroleum Corp (MPC), Findlay, Ohio.