Love’s acquires EZ GO journey stops so as to add 22 shops to community
On Wednesday, Love’s introduced the acquisition of an Oklahoma-based journey cease and comfort retailer chain.
Love’s just lately acquired EZ GO from Oklahoma-based Carey Johnson Oil Firm. The monetary phrases of the acquisition weren’t disclosed.
The acquisition will embrace six journey stops positioned on Oklahoma turnpikes, 5 on the Kansas turnpike and 11 comfort shops in Oklahoma and Nebraska, the corporate stated in a information launch.
The shops are to be rebranded as Love’s areas throughout the subsequent 12 months.
Love’s notes that that is the primary time that their model will embrace Turnpike areas.
“We’re excited so as to add areas in Oklahoma, Kansas and Nebraska and welcome practically 400 new staff members to the Love’s Household of Firms,” stated Shane Wharton, president of Love’s. “The chance to increase into serving business and informal prospects on the 2 state turnpikes helps our strategic precedence of pursuing adjoining acquisition alternatives. Along with being family-owned, we share an identical tradition with the vendor in that we function on a customer-centric mannequin centered on an in depth assortment of merchandise, superior buyer expertise and welcoming setting.”
Earlier this week, Love’s introduced that the corporate plans to spend a billion {dollars} over the following 5 years upgrading 200 shops.
Love’s was based in 1964 and presently operates 610 Love’s areas in 42 states and 22 EZ GO areas.
