*South Carolina USA: S-Mart Cstores Acquired by Petrogas Global

*South Carolina USA: S-Mart Cstores Acquired by Petrogas Global

Petrogas Global Ltd. (Applegreen Brand) has acquired small network from Carolina Convenience Corp., as well as its wholesale fuels distribution business in South Carolina.

Carolina Convenience operated eight S-Mart c-stores in Columbia, S.C., and supplied dealers primarily in the Columbia market with a few dealers in the east of South Carolina. Petrogas Global has retained the company’s c-store employees at the acquired stores. The company sites have various fuel brands including BP, ExxonMobil and Sunoco. The fuel retailer also supplied unbranded motor fuels to a few of its dealers.

Apart from its fuel and convenience marketing business, Carolina Convenience also operates several Hardee’s restaurants in the Columbia market that were not included in the sale to Applegreen. After nearly 37 years of operation, it is divesting substantially all of its c-store and petroleum marketing business to focus on the operation of its Hardee’s restaurants and other business ventures. 

Based in Lexington, S.C., Carolina Convenience is a second-generation, family-owned company founded in 1981 by Madhu Shrivastava who is the current Chairman & CEO. In June 2018, Seema Shrivastava Patel (Photo) was appointed President of Carolina Convenience Corp. be in-charge of all the company’s operations and management of C-Stores, Jobbership and Dealers; Hardee’s Restaurants and Office and Financial management. Seema currently continues to manage relationships with Hardee’s, BP, ExxonMobil, and Sunoco brand. PW130818

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Last modified onTuesday, 21 August 2018 07:01
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