Oskaloosa.com

Local News

September 12, 2012

Kum & Go to sell 22 Stores to Casey’s, local stores included

WEST DES MOINES — Kum & Go and Casey’s General Stores, Inc. (Nasdaq symbol CASY) announced Tuesday that they have signed an Asset Purchase Agreement for Casey’s to acquire 22 convenience stores from Kum & Go.  The stores are located in Iowa, Missouri and North Dakota.

“Our company is committed to carefully-planned, strategic growth – that’s evidenced by the fact that we’ll open 40 new stores this year alone,” said Kyle J. Krause, Kum & Go president and CEO. “It’s our continued desire to consolidate and strengthen our asset base and offer a consistent brand to our customers in Kum & Go’s core markets. The sale of these properties, in addition to our new store growth, brings us one step closer to carrying out that strategy.”

“These stores are an excellent fit to our existing store base and will allow us an opportunity to operate in a new state,” said Robert Myers, President and CEO of Casey’s.  “We expect this acquisition to be accretive in the first year of operation and enhance future earnings as we integrate our prepared food operations.”

The following stores are included in the purchase agreement:

413 A Ave W

Oskaloosa

IA

901 S Market St

Oskaloosa

IA



210 N Main St

Sigourney

IA

400 S Main St

Osceola

IA

744 Washington St

Pella

IA



318 N Lincoln St

Knoxville

IA

1201 E Main St

Knoxville

IA

1400 E Washington St

Clarinda

IA

106 S 4th St

Forest City

IA

508 SE Kent St

Greenfield

IA

501 S Main St

Monticello

IA

919 W Washington St

Marshfield

MO

903 N Sumner Ave

Creston

IA

301 W Taylor St

Creston

IA

702 Chatburn Ave

Harlan

IA

204 S Main St

Albia

IA

3001 Main St

Emmetsburg

IA

916 E Main St

Marshalltown

IA

504 10th St

Hawarden

IA

503 S Franklin St

Kirksville

MO

112 N Main St

Horace

ND

1301 W Sheridan Ave

Shenandoah

 IA

The acquisition is subject to certain regulatory approvals and other customary closing conditions, including the receipt of satisfactory inspection reports related to the stores.  The transaction is expected to close in November 2012.

1
Text Only
Local News
  • Fire photo 4-22 Oskaloosa firefighters battle barn blaze

    April 22, 2014 1 Photo

  • OHS Prom Court Oskaloosa High School 2014 Prom Court

    April 22, 2014 1 Photo

  • Easter Egg photo 2 Kids bank eggs at annual hunt OSKALOOSA -- Need your yard cleaned? Fill it with Easter eggs filled with cash and prizes, advertise and several hundred youngsters will get the job done in a few minutes. Need proof? Check out next year's Bank Iowa Easter Egg Hunt. Bank Iowa has hos

    April 21, 2014 2 Photos

  • North Mahaska Jazz North Mahaska Jazz Band are Class 1A state jazz champions

    April 19, 2014 1 Photo

  • DOT photo Public learns latest about Northwest Bypass at DOT meeting OSKALOOSA -- Many area residents learned the latest about the U.S. 63 Northwest Bypass of Oskaloosa at a public information meeting held Wednesday evening at Oskaloosa Middle School. The two-hour meeting featured tables with maps of the three propose

    April 18, 2014 1 Photo

  • Windmill photo Windmill undergoes restoration OSKALOOSA -- The Mahaska County Historical Society is pleased to announce that the Mahaska County Iowa Farm Bureau Federation is funding the restoration of the Baker/Gilchrist Windmill. The Baker windmill at Oskaloosa's Nelson Pioneer Farm and Museu

    April 17, 2014 1 Photo

  • Women's Club photo Oskaloosa Women's ClubSpring Luncheon set for April 25 OSKALOOSA -- The annual Oskaloosa Women's Club Spring Luncheon will be held on Friday, April 25, at noon at the First Presbyterian Church. All local talent is appearing for the program. Performing will be the men's quartet from the Central United Met

    April 17, 2014 1 Photo

  • Alcohol, prom, graduation don't mix DES MOINES -- April is Alcohol Awareness Month and marks the beginning of the prom and graduation season, a time when the spotlight turns to celebrations that can lead to underage drinking. The Iowa Alcoholic Beverages Division is encouraging retail

    April 17, 2014

  • Artifact 4-17 Do you know what this is?

    April 16, 2014 1 Photo

  • Blue Zones photo 2 Blue Zones kicks off OSKALOOSA -- Blue Zones Project held its Oskaloosa Kickoff Monday evening at the Oskaloosa High School gym to help improve the community's health. Blue Zones originated with Dan Buettner of National Geographic. He was asked to find areas of the world

    April 15, 2014 2 Photos

Obituaries
Oskaloosa Shopper
Facebook
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Photo reprints