ARKO Corp. acquires Uncle’s retail footprint from WTG Fuels

The acquired convenience stores will expand ARKO’s reach in key Texas and New Mexico markets and increase the company's fleet fueling operations.

ARKO Corp. announced that subsidiaries of ARKO have agreed to acquire the retail, wholesale and fleet fueling assets of WTG Fuels Holdings, owner of Uncle’s Convenience Stores and GASCARD fleet fueling operations.

Founded in 1976, WTG is one of Texas’ top convenience store operators, with 24 company-operated Uncle’s Convenience Stores across the western region of the state. This acquisition enhances ARKO’s footprint in these markets and brings its REWARDS loyalty program and assortment to a broader group of consumers.

The transaction also includes three land parcels and nine independent dealer locations. The company has also agreed to acquire WTG’s 57 proprietary GASCARD-branded fleet fueling cardlock sites and 52 private cardlock sites, one of the largest fleet fueling operations in West Texas.

“We are committed to creating value for our stockholders with a systematic, convenience-store focused long-term growth strategy focused on disciplined and accretive transactions. Adding these assets to our Family of Community Brands is perfectly aligned with ARKO’s strategy, and we look forward to welcoming WTG employees to our company,” said Arie Kotler, Chairman, President and CEO of ARKO.

Uncle’s stores anchor their markets with convenient grocery, beer, and fresh food options. They are known for their foodservice, including branded fresh food, Hunt Brothers Pizza and Champs Chicken. GASCARD’s 57 proprietary fleet fueling cardlock sites are strategically located in large industrial areas in West Texas and southeast New Mexico, and serve a diverse base of customers. The company also operates 52 private cardlock sites.