Casey’s to purchase 22 stores in Iowa
Ankeny, Iowa -- Casey’s General Stores and Kum & Go announced that they have signed a definitive purchase agreement for Casey’s to acquire 22 convenience stores from Kum & Go.
The stores, all of which are located in Iowan, will be immediately rebranded to Casey’s once the transaction is completed.
According to Kum & Go Owner, president and CEO Kyle J. Krause, the proceeds generated by this sale will be reinvested in Kum & Go’s 400 plus remaining stores and used to drive the company’s long-term business and growth strategies.