Dive Brief:
- Midwest convenience retailer Mega Saver has acquired three Kum & Go c-stores in Nebraska from Maverik, a Mega Saver spokesperson confirmed to C-Store Dive.
- All three c-stores are located on the west side of Omaha, and the transaction officially closed on June 10, according to Mega Saver’s spokesperson, who declined to share a final sale price.
- The deal, first reported by Grow Omaha, continues what could be a busy growth year for Mega Saver, which also appears to be looking to acquire Yesway’s roughly 30 c-stores across Iowa and Kansas.
Dive Insight:
With three former Kum & Go locations now in its network, Mega Saver has grown its c-store count to about 45 locations across three states — Nebraska, Iowa and Florida — since the company was founded in 2002.
The newly acquired stores are located at 14353 Q St, 2627 HWS Cleveland Blvd and 10025 S 168th Ave. Each includes a roughly 5,000-square-foot convenience store and a fuel canopy that ranges from 4,600 square feet to 5,400 square feet, according to real estate documents filed with Douglas County and Sarpy County. All three sites were built between 2006 and 2012.
"This expansion is not just about growing our footprint but about growing with these communities and collaborating on making the spaces even better than we found them,” a Mega Saver spokesperson said in a statement to C-Store Dive. “We’re proud to welcome these new locations and their employees into our network."
Although Mega Saver’s spokesperson declined to share how much the company paid for the c-stores, the three locations were valued earlier this year at a combined $6.1 million, according to real estate documents.
A spokesperson from Maverik — which acquired Kum & Go in late 2023 — did not respond by press time when asked to comment on the deal.
Mega Saver’s latest purchase and apparent pursuit of Yesway’s Iowa and Kansas stores indicates that the company is ready to emerge as a notable regional c-store threat. If it pulls off the Yesway deal, it’ll have nearly 80 locations across four states.
In a statement to C-Store Dive last week, a Yesway spokesperson said that the Texas-based retailer “has not yet sold its Iowa and Kansas-based stores.” The spokesperson did not respond to several follow ups about whether a deal with MegaSaver is in the works, while a Mega Saver spokesperson said over the phone that he “can’t deny or confirm” a deal being in the works for Yesway’s Iowa and Kansas c-stores.
