Global Partners acquires gas stations, c-stores from Cheshire Oil
Global Partners has agreed to acquire 10 T-Bird Mini Marts-branded gas stations and convenience stores in New Hampshire and Vermont from Cheshire Oil Company.
The acquisition further expands Global Partners’ retail presence in the two states following a separate purchase agreement with Champlain Oil. Two weeks ago, Global Partners announced the acquisition of Champlain Oil’s more than 60 retail fuel and convenience store assets also located in New Hampshire and Vermont.
“The Cheshire transaction reflects our strategic focus on making complementary acquisitions in markets that leverage our terminal assets, enhance synergies and expand our retail footprint,” said Eric Slifka, President and CEO, Global Partners.
The purchase is expected to close in the third quarter of 2018 and is subject to customary closing conditions.
