(CSi) Pending regulatory approval, Casey’s General Stores has signed an agreement to purchase 24 Stop-n-Go locations. Twenty of which are in North Dakota.Four are in Minnesota. Stop-n-Go is headquartered in Fargo.
Iowa based Casey’s, has more than 1,700 stores in 14 states.
In the region, Casey’s General Stores are in south Fargo, Horace, along with Moorhead, Dilworth and Lake Park, Minnesota.
Casey’s President and CEO Robert Myers, says the Iowa-based business will be seeking more opportunities to expand in the midwest.
Myers says, “We are excited about the opportunity to acquire the Stop-n-Go chain as they are a well-managed and established group of stores in a relatively new market area for Casey’s.”
The acquisition is subject to regulatory approvals and closing conditions, including the Company’s receipt of satisfactory inspection reports related to the stores.
The transaction is expected to close in May 2014, and will be funded by a combination of existing cash and operating cash flow.
Most if not all stores will be remodeled to include Casey’s prepared food operation which features freshly-made pizzas, made-to-order sub sandwiches and doughnuts












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