ARKO Corp. extends wholesale agreement with Core-Mark
Thirty-two month agreement increases total locations served by Core-Mark from 865 to 1,055.
GPM Investments and Core-Mark extend 32-month master supply agreement with Core-Mark International, as part of a consolidation of the company’s wholesalers and continued growth strategy.
The agreement will increase the number of GPM store locations for which Core-Mark provides service from 865 to 1,055.
“As a strong partner of ours, Core-Mark shares our vision for profitable and aggressive growth. This agreement allows us to create new synergies through the consolidation of our wholesalers and allows Core-Mark to leverage our size and scale as we continue to build out our family of community brands,” says Mike Bloom, GPM’s Executive Vice President, Marketing and Merchandising.
Core-Mark distributes fresh food and broad-line merchandise to convenience stores in the United States. Core-Mark will continue to be GPM’s largest single supplier, distributing products across 29 different categories to its portfolio of approximately 1,400 stores.
Based in Richmond, VA, GPM was founded in 2003 with 169 stores and has grown through acquisitions to become the 6th largest convenience store chain in the United States.
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