Shiv Patel
Heas Energy Acquires Express Lane Stores
RICHMOND, Va. — Heas Energy Services LLC has entered into an agreement to acquire the long-term leasehold and business interest in 10 gas station and convenience-store sites in central Virginia. It is rebranding the fuel and c-stores to 76 and 7-Eleven, respectively.
The network of stores is tightly clustered around the Lynchburg, Va., trade area. The chain consists of eight company-operated c-stores that operate under the Express Lane brand and two locations that operate under the commission agent class of trade.
The retail network was previously operated by a local ExxonMobil petroleum distributor and c-store operator.
https://www.cspdailynews.com/mergers-acquisitions/heas-energy-acquires-10-sites