Brew LLC has acquired 13 convenience stores and one smoke shop and liquor store from Indianola, Iowa-based Danlee Corp.
Most of the locations are in and around central Iowa, KJ Acquisitions — which represented the seller — told CSP Daily News. The deal closed on Oct. 29, Waukee, Iowa-based KJ Acquisitions said.
The acquired sites, formerly branded Jiffy or Phillips 66, will be rebranded as Brew stores in the coming months and will offer fuel from bp and Amoco, Brew told CSP.
Storm Lake, Iowa-based Brew, owned by Inder Singh, operates 36 locations, including several travel centers, across Iowa and Kansas.
“We are excited to welcome these 14 locations and their communities into the Brew family,” Singh said. “This acquisition represents a significant milestone in our growth and reinforces our commitment to serving Iowa residents with the best modern convenience-store experience. These stores are in great communities, and we look forward to investing in them, creating jobs and becoming an active part of each neighborhood.”
The newly acquired locations are in Marshalltown, Toledo, Knoxville, Indianola, Tama, Newton, Oskaloosa, Martensdale, Spirit Lake and Des Moines, Brew said.
Brew plans to roll out its signature offerings at the stores, including premium coffee, fuel and a robust customer rewards program.
“As an Iowa family-owned business, we understand the importance of these stores to their local communities,” Singh said. “We’re committed to maintaining the trusted service these communities have come to expect while bringing the quality, convenience and innovation that Brew is known for.”
Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.
This article was adapted from an original report published on cspdailynews.com. All rights belong to the original publisher.
Leave a Reply