Wallis Cos. Closes Deal to Boost Missouri C-store Portfolio
ST. LOUIS — Wallis Cos. has built up its convenience store presence in the metropolitan area here by closing on its acquisition of Dirt Cheap and U-Gas locations.
The transaction consisted of 13 Dirt Cheap locations, 19 U-Gas convenience stores, one commissary operation and one undeveloped parcel for future store development. The deal was announced in July, as CSNews Online previously reported.
"With entrepreneurial roots, our company has always focused on growth. We are excited about the new customers and new markets this acquisition allows us to serve. Our team has worked hard to make the transition smooth for customers," said Lynn Wallis, president and CEO of Wallis Cos.
There are no immediate changes planned for store operations.
Founded in 1968 and based in Cuba, Mo., Wallis Cos. is a petroleum distributor and convenience store operator. Its portfolio now includes more than 1,000 employees and services more than 230 convenience store locations in the region.
Wallis Cos. is a regional franchise developer for On the Run in Missouri.