Global Partners Likely to Pursue C-Store Chains Near Acquired Terminals — OPIS ...Middle East

Look for fast-growing Global Partners LP to pursue convenience store purchases in North and South Carolina, Georgia, Alabama, Louisiana, Mississippi, Florida and possibly expand its retail presence in Texas. Last week’s announced purchase of 25 terminals from Motiva Enterprises gives Global an expanded wholesale presence in these states, and the company will look for opportunities to leverage value thanks to operating an additional 8.4 million bbl of mostly gasoline and diesel storage in the Southeast and through the Gulf Coast. Global Chief Executive Officer Eric Slifka told OPIS that his company will immediately be more interested in chain sites that are serviced by the acquired termina

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