CEFCO Continues Growth With Texas Store Acquisition

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CEFCO Continues Growth With Texas Store Acquisition

04/05/2012

TEMPLE, Texas -- Fikes Wholesale Inc., parent company of CEFCO Convenience Stores, announced its purchase of a site in Marble Falls, Texas. Terms of the deal were not disclosed.

The company's newest acquisition follows its January purchase of the 63-store Taylor Food Mart chain from Taylor Petroleum Co., based out of Amarillo, Texas.

Fikes now operates 252 convenience stores in seven states: Alabama, Arkansas, Louisiana, Mississippi, Oklahoma, New Mexico and Texas.

Fikes was No. 10 on Convenience Store News' Top 20 Growth Chains of 2011. It added 72 stores from December 2010 to December 2011 for a 57.6-percent increase.