Family-owned convenience store chain Kum & Go that was founded 63 years ago has been sold.
Maverik – Adventure’s First Stop and its parent company, FJ Management, have acquired Kum & Go, a family-owned convenience store chain with more than 400 locations across 13 states, from Krause Group.
Maverik operates nearly 400 locations across 12 Western states. The combination of Kum & Go and Maverick will result in a combined footprint of more than 800 locations in 20 states across the Midwest and Rocky Mountain regionswith a differentiated value proposition across fuel, foodservice and in-store offerings.
As part of the deal, Maverik will also acquire Solar Transport, a tank truck carrier and logistic provider owned by the Krause Group.
Established in Hampton, Iowa in 1959, Kum & Go is a fourth-generation, family-owned convenience store chain led by Tanner Krause, president and CEO. Kyle Krause serves as president and CEO of Krause Group.
