Casey’s closes on acquisition of 40 Pilot stores
Convenience-store chain Casey’s General Stores Inc. announced in December the closing of its acquisition of 40 stores in Tennessee and Kentucky from Pilot Corp. The $220 million all-cash transaction was originally announced in late September.
“The acquisition gives Casey’s immediate scale in the attractive Knoxville, Tennessee, market and is part of the implementation of its three-year strategic plan that was shared in January 2020 when the company set a three-year goal of adding 345 stores to its chain,” the company stated.
In January 2019 Casey’s won the National Biodiesel Board’s Eye on Biodiesel Impact Award for retailing biodiesel blends at what was then more than 590 stores.