Casey's completes CEFCO Convenience Stores acquisition

This transaction will add 148 locations to the retailer’s network in Texas and 50 additional sites in the southern states.

Casey’s General Stores announced the closing of the announced acquisition of Fikes Wholesale, owner of CEFCO Convenience Stores. 

The acquisition will bring 148 additional stores to Texas as well as 50 stores in the southern states of Alabama, Florida, and Mississippi. 

“This acquisition is the largest in Casey’s history and in line with the strategic plan laid out at the June 2023 Investor Day,” said Darren Rebelez, Board Chair, President and Chief Executive Officer of Casey’s. 

This will bring the brand’s total store count to approximately 2,900 stores, and represents the largest deal in the company’s history.

“We are thrilled to complete this transaction, welcome Fikes to the Casey’s team, and look forward to bringing Casey’s pizza to these high-volume stores,” adds Rebelez.

Casey’s is a Fortune 500 company operating approximately 2,900 convenience stores. Founded more than 50 years ago, the company has grown to become the third-largest convenience store retailer and the fifth-largest pizza chain in the United States.