GPM now operating or supplying approximately 1,100 sites in 18 states.
GPM Southeast, LLC, a subsidiary of GPM Investments, LLC, has taken ownership of five convenience stores with fuel sales in South Carolina under the Crenco Food Stores banner. This acquisition will further develop GPM’s existing portfolio in the Southeast region.
A family-owned convenience store business, and recently named the 2017 South Carolina Retailer of the Year by the South Carolina Association of Convenience Stores, Crenco Food Stores has been operating for nearly 40 years.
“We are very excited about these five Crenco Food Stores. Hal Crenshaw and his employees have been dedicated to making their customers feel like the #1 priority. We plan to continue serving their customers with the same dedication and enthusiasm,” said Arie Kotler, CEO. Kotler went on to say, “Bringing these employees into the GPM family was very important to our leadership team and we look forward to our continued development as we grow through acquisitions.”
GPM Investments, LLC, together with its subsidiaries, is the largest privately-owned company in the convenience store channel of business. With the planned addition of E-Z Mart stores in the second quarter 2018, GPM will widen its reach to approximately 1,400 stores.
Based in Richmond, Va., GPM currently operates or supplies fuel to stores in Connecticut, Delaware, Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Missouri, Nebraska, New Jersey, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee and Virginia.