TYLER, Texas (KETK) — Casey’s, a chain of convenience stores in the South and Midwest, announced that it has agreed to acquire Fikes Wholesale, the owner of the CEFCO chain.
According to a press release from Casey’s, the $1.145 billion transaction will mean Casey’s acquires all 198 CEFCO convenience stores across Texas, Alabama, Mississippi and Florida.
Once the deal closes toward the end of 2024, Casey’s will own nearly 2,900 stores. The chain is known for the pizza they serve at their many locations. Their wide footprint has reportedly made them the fifth largest pizza chain in the country.