Salt Lake City, UT.- The Kum & Go convenience store chain, which began with a single store in Hampton, Iowa is being sold.
Radio Iowa reports that a Utah-based company plans to acquire over 400 Kum & Go stores. Terms of the sale are not being disclosed according to a Kum & Go news release.
Kum & Go stores are primarily located in Iowa and the Midwest. Salt Lake City-based Maverick has nearly 400 convenience stores in a dozen western states. Maverick is owned by a private firm that had been a co-owner of Pilot Flying J truck stops, but was bought out by Berkshire Hathaway earlier this year.
63 years ago, Bill Krause and his father-in-law Tony Gentle started the Hampton Oil Company. Tanner Krause, the fourth generation of the family to lead Kum & Go, says Maverik will be good stewards of Kum & Go for generations to come.
There has been no announcement as to whether Kum & Go stores will be rebranded as Maverik stores, or keep their names once the sale is complete.
