Table of Contents
What company bought SuperAmerica?
Marathon Petroleum
SuperAmerica was a chain of gasoline stations and convenience stores in the Upper Midwest, based in Woodbury, Minnesota. It was owned by Marathon Petroleum. The first convenience store opened in the 1960s….SuperAmerica.
| Type | Subsidiary |
|---|---|
| Founded | 1960 |
| Founder | Elmer Erickson |
| Defunct | 2019 |
| Fate | Rebranded as Speedway LLC. |
Who owns Speedway SuperAmerica?
7-Eleven
Marathon Petroleum CorporationSeven & I Holdings
Speedway/Parent organizations
When did Speedway buy SuperAmerica?
Post Hess Expansion. On April 30, 2018, Marathon agreed to buy Andeavor, an independent refinery and oil company based in the Western United States, for $23 billion. On October 1, 2018, the merger was completed. The merger brought all SuperAmerica locations once again under the ownership of Speedway.
Why did SuperAmerica change their name to Speedway?
The new name now reflects the current brand make-up of the company’s approximately 1,350 convenience store/gas station locations. “The name change solidifies our identity within the convenience store industry and leverages the inherent strength of our Speedway brand,†explained Tony Kenney, president of Speedway.
Who did Speedway buy out?
The $21 billion acquisition of Marathon Petroleum Corp.’s 3,900-unit Speedway convenience-store network, which closed May 14, was the biggest deal in the industry’s history.
Does 711 Own Speedway?
7-Eleven’s parent, Tokyo-based Seven & i Holdings Co., agreed in August to acquire about 3,900 Speedway outlets from Marathon to create a dominant position of almost 14,000 stores in the U.S. and Canada.
Who is Speedway owned by?
7-Eleven Inc.
Speedway, Enon, Ohio, is now owned by Irving, Texas-based 7-Eleven Inc. The $21 billion acquisition of Marathon Petroleum Corp.’s 3,900-unit Speedway convenience-store network, which closed May 14, was the biggest deal in the industry’s history.
Who owns Speedway fuel?
Speedway/Parent organizations
30. Speedway, Enon, Ohio, is now owned by Irving, Texas-based 7-Eleven Inc. The $21 billion acquisition of Marathon Petroleum Corp.’s 3,900-unit Speedway convenience-store network, which closed May 14, was the biggest deal in the industry’s history.
Who started Speedway?
From the day he built his first race car, a roadster made from a 1930 Model A, Bill Smith’s hobby was his life. D. William “Speedy Bill” Smith, whose interest in racing spawned a world-renowned, Lincoln-based marketplace for racing parts, died Friday. He was 84.
Is 7-Eleven buying out Speedway?
Convenience retail giant 7-Eleven Inc. on Friday announced the successful completion of its acquisition of Speedway, the convenience store arm of Marathon Petroleum Corp.) 7-Eleven has acquired Speedway’s 3,800 stores in 36 states.