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Home / Business and Economy / Anabi Oil Fuels Expansion with 12 New Stores

Anabi Oil Fuels Expansion with 12 New Stores

6 Dec

•

Summary

  • Anabi Oil acquired 12 convenience stores from C&J Cox Corporation.
  • The acquired stores are located near San Francisco and in Lake Tahoe.
  • Anabi has rapidly expanded, acquiring approximately 100 stores recently.
Anabi Oil Fuels Expansion with 12 New Stores

Anabi Oil, the parent company of Rebel Convenience Stores, has significantly expanded its footprint with the acquisition of 12 convenience stores from California-based C&J Cox Corporation. The deal, facilitated by Matrix Capital Markets, includes nine locations in the Tri-Valley region near the San Francisco Bay area and three in the Lake Tahoe area.

These newly acquired stores operate under the Cox Family Stores banner and feature fuel brands such as Shell, Chevron, and Valero. This latest transaction marks another substantial move for Anabi, which has reportedly acquired around 100 stores in recent months, positioning it as one of the nation's fastest-growing regional convenience retailers.

This aggressive expansion strategy, including recent purchases of stores in Florida and Nevada, underscores Anabi's competitive ambition in the convenience store sector. The company aims to preserve the customer trust built by Cox over nearly 50 years, ensuring a smooth transition for staff and customers.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Anabi Oil acquired 12 convenience stores operating under the Cox Family Stores banner from C&J Cox Corporation.
The acquired stores are located in California's Tri-Valley region near San Francisco and in the Lake Tahoe area.
Anabi Oil has acquired approximately 100 convenience stores in the past few months.

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