GPM Investments LLC has closed on the acquisition of Fuel USA’s 42 Apple Market convenience stores with gasoline sales and supply to 20 dealer-operated stores in Virginia and Kentucky.
The purchase further develops GPM’s existing portfolio of stores in the Southeast region. GPM will initially operate these stores under the current Apple Market brand name. Previous Fuel USA store employees were hired by GPM.
“These stores have served customers with dedication and enthusiasm. We are eager to continue on the same path of service with passion and commitment,” said Don Muscatell, senior vice president of operations. “Bringing these employees into the GPM family was very important to our leadership team and we look forward to growing with these new stores.”
GPM has now widened its reach to over 800 stores in a total of 17 states. The company, based in Richmond, Va., operates or supplies stores in Connecticut, Delaware, Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Nebraska, New Jersey, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee and Virginia.