M&A  September 5, 2023

Kum & Go stores in region soon to become Maverik

Kum & Go convenience stores in the Rocky Mountain region — including 17 locations in Northern Colorado and the Boulder Valley — will be converted to Maverik stores beginning in January.

Maverik — Adventure’s First Stop, and its parent company, Salt Lake City-based FJ Management, last week announced that they have completed the acquisition of Des Moines, Iowa-based Kum & Go and 60-year-old tank-truck company Solar Transport from Salt Lake City-based Krause Group.

Financial details of the acquisition were not announced, but when Reuters first reported in February that the Krause family was considering selling the stores, it said undisclosed “people familiar…

Related Posts

With BizWest since 2012 and in Colorado since 1979, Dallas worked at the Longmont Times-Call, Colorado Springs Gazette, Denver Post and Public News Service. A Missouri native and Mizzou School of Journalism grad, Dallas started as a sports writer and outdoor columnist at the St. Charles (Mo.) Banner-News, then went to the St. Louis Post-Dispatch before fleeing the heat and humidity for the Rockies. He especially loves covering our mountain communities.
Sign up for BizWest Daily Alerts
Closing in 8 seconds...