Casey's General Stores, Inc. completed the acquisition of 22 Lone Star Food Stores from W. Douglass Distributing Company, LTD.
November 15, 2023
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Casey's General Stores, Inc. (NasdaqGS:CASY) agreed to acquire 22 Lone Star Food Stores from W. Douglass Distributing Company, LTD on November 7, 2023. Casey's General Stores will retain all Lone Star employees. The transaction is expected to close within the coming weeks and be completed by the end of November. Denny Ruben
of NRC Realty & Capital Advisors, LLC acted as financial advisor to W. Douglass Distributing Company.
Casey's General Stores, Inc. (NasdaqGS:CASY) completed the acquisition of 22 Lone Star Food Stores from W. Douglass Distributing Company, LTD on November 16, 2023. Deal is being funded with cash on hand.
Casey's General Stores, Inc., through its subsidiaries, operates convenience stores under the names Casey's and Caseys General Store in 16 states, primarily in Iowa, Illinois, and Missouri. Its convenience stores carry a range of food items, including freshly prepared foods such as regular and breakfast pizza, donuts, hot breakfast items, and hot and cold sandwiches, beverages, tobacco and nicotine products, health and beauty aids, automotive products, and other non-food items. In addition, all but four offer fuel for sale on a self-service basis. Its GoodStop brand offers fuel for sale on a self-serve basis, and a range of selection of snacks, beverages, tobacco products, and other essentials. It also operates two stores selling primarily tobacco and nicotine products, one liquor-only store, and one grocery store. The Company operates approximately 2,521 stores. The Company operates three distribution centers. It has a fleet of approximately 397 tractors used for distribution.
CASEY'S GENERAL STORES, INC. 
