Valero Energy Acquires 72 Stores From Albertsons

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Valero Energy Acquires 72 Stores From Albertsons
May 13, 2008

San Antonio-based Valero Energy Corp. announced plans to acquire 72 convenience stores and fuel stations from Boise-based Albertsons LLC, according to the Denver Business Journal. The retail stations and stores are located in Colorado, Texas, Arizona and Louisiana. Valero expects the transaction to close in August 2008, and will rebrand the stores to the Valero Corner Store banner. Earlier in the year, Valero added a coffee, snack and beverage line to its retail stores. Valero operates 5,800 retail gas stations and wholesale outlets under the Corner Store, Diamond Shamrock, Shamrock, Ultramar, Valero, Stop N Go and Beacon banners in 44 states, Canada and the Caribbean.

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