UPDATE 12:32 p.m.: PARAGRAPH TWO ON REBRANDING

CSD has learned that all of MACS BP-branded locations are currently being converted to the Sunoco brand.

Sunoco Inc. today reported that is has acquired Mid-Atlantic Convenience Stores (MACS).

CSD has learned that Sunoco is currently in the process of converting all of MACS BP-branded locations over to the Sunoco brand. No other branding decisions have been made. Sunoco spokesman Jeff Shields tells CSD that the oil company, “will work together with MACS leadership to make the best decisions for the combined operations going forward.”

Terms of the deal, which is complete, were not disclosed.

MACS includes about 300 service station and convenience store locations in Maryland, Virginia and the District of Columbia, with a Business Support Center at its headquarters in Richmond, Va.

Sunoco will operate the MACS business and begin incorporate the stores into its retail network.

“We are very excited about the addition of MACS to the Sunoco retail network,” said Robert W. Owens, president and CEO of Sunoco Inc. “MACS has developed a strong and successful retail organization that fits well with Sunoco’s existing operations and footprint.”

“We have tremendous respect for what MACS has accomplished, and we will work collaboratively to preserve the best of both the MACS and Sunoco worlds,” Owens said.

Sunoco, Inc., headquartered in Philadelphia and operating its retail business in Lester, Pa., opened its first service station in 1920 and has a rich heritage as one of the longest-running fuel brands in the U.S. The company owns, operates and supplies about 5,000 retail fuel outlets in 25 states, including its signature A-Plus convenience stores. The company employs more than 6,000 people. Sunoco is the official fuel for NASCAR and more than 50 racing series, and is the largest producer of racing gasoline in the world.