Farmers Co-op Oil Co. Expands Footprint with Acquisition of FillMeUp Stores
Deal News | Feb 07, 2025 | EIN

Farmers Co-op Oil Co. of Renville, Minnesota, has expanded its footprint by acquiring 10 convenience stores from FillMeUp LLC. The transaction, completed on January 13th, allows Farmers Co-op to enhance its presence in the western part of the state. The cooperative, which focuses on fuel, convenience, and food services, plans to remodel the acquired locations and rebrand them under its own name, aligning fuel offerings with BP and Amoco brands while integrating its signature c-store brand. CEO Todd Busche emphasized the co-op's commitment to growth, citing multiple inquiries from other chains interested in selling. The company's expansion strategy includes enhancing food services chain-wide and maintaining community involvement, a value driven by its board of directors. The acquisition has resulted in retaining all existing staff from the acquired stores and an additional recruitment drive to support operations. Farmers Co-op operates a wide range of services including gas stations, propane delivery, and other bulk fuel services within a 40-mile radius of its core locations in Minnesota.
Sectors
- Retail
- Energy
- Food Service
Geography
- United States – The acquisition takes place in Minnesota, part of the USA, indicating the geographic focus.
- Minnesota – Farmers Co-op Oil Co. and the acquired stores are in Minnesota, making it the specific geographic focus of the article.
Industry
- Retail – The article is focused on the acquisition of convenience stores, which places it squarely in the retail sector.
- Energy – Farmers Co-op Oil Co. provides fuel and energy-related services, such as propane and bulk fuel delivery, aligning this article with the energy industry.
- Food Service – As part of its expansion, Farmers Co-op plans to enhance its foodservice program, making this industry relevant to the article.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Farmers Co-op Oil Co. | Target | Company | An energy cooperative and retailer based in Renville, Minnesota, focusing on fuel and convenience store services. |
FillMeUp LLC | Selling Company | Company | Previously operated the 10 convenience stores sold to Farmers Co-op Oil Co. |
Todd Busche | CEO | Person | CEO of Farmers Co-op Oil Co., focused on expanding the cooperative's operations. |