Dive Brief:
- Anabi Oil, parent company of Rebel Convenience Stores, has agreed to acquire Las Vegas-area c-store chain Green Valley Grocery for an undisclosed sum, pending customary approvals, the companies announced on Friday.
- The deal includes Green Valley Grocery’s 87 stores across southern Nevada, according to the announcement. Anabi will continue operating the c-stores under the Green Valley Grocery banner rather than rebranding them to Rebel, a company spokesperson confirmed.
- This is the second-largest c-store acquisition announced so far this year, behind only Sunoco’s deal for Parkland.
Dive Insight:
The main draw at Green Valley Grocery, which was founded in 1978, is its made-to-order and grab-and-go foodservice program that includes breakfast sandwiches and wraps, pizzas, burritos, burgers and a variety of sides. The retailer also offers a fuel rewards program and car wash memberships.
“This acquisition is about our long-term commitment to Nevada: keeping the Green Valley Grocery name alive, strengthening Rebel’s place in the community, and continuing to invest in the future of convenience for the families and neighborhoods we serve,” said Sam Anabi, founder and owner of Anabi Oil.
Anabi has been updating its more than 500 Rebel Convenience Stores across multiple states. Rebel added first-party delivery in 2023 and augmented that with third-party aggregation early in 2024. Then in late 2024, the company debuted its proprietary QSR, Hatch Chicken, and added alcohol delivery to select stores in the Las Vegas market.
Anabi says this acquisition will not slow down its focus on in-store improvement.
“The combined network will drive innovation, expand loyalty programs, and create efficiencies that position the business to honor Green Valley Grocery’s legacy while investing in its future,” the company said in the announcement.
