Casey’s buying 63 stores from EG Group

ANKENY — Casey’s General Stores has announced an agreement to acquire 63 convenience stores from EG America, a subsidiary of EG Group.

The stores are in Kentucky and Tennessee and operate as Minit Mart and Certified Oil stores.

Casey’s and EG America, two of the leading convenience store chains in the United States, anticipate the deal will close later this year, subject to regulatory approvals.

Casey’s, based in Ankeny, is expected to retain the EG employees at each store, the companies said in a news release.

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“One of the key pillars in our strategic plan is to accelerate our store growth over the next three years and bring Casey’s to more communities,” said Darren Rebelez, president and CEO of Casey’s.

He said the acquisitions are “within our existing distribution footprint.”

Nick Unkovic, president of EG America, said Casey’s “is an excellent operator, and we believe these stores and team members will continue to thrive under their ownership.”

Zuber Issa, co-founder and co-CEO of EG Group, said the divestment “will enable both parties to execute their strategic plans, respectively.”

Casey’s, a Fortune 500 company founded more than 50 years ago, operates more than 2,500 stores. It is the third-largest convenience store retailer and the fifth-largest pizza chain in the United States.

EG Group operates more than 6,600 sites in the United Kingdom, Ireland, Europe, Australia and the United States.