MAJORS MANAGEMENT ANNOUNCES THE ACQUISTION OF FOUR CONVENIENCE STORES FROM AFFLIATES OF MCNEILL OIL COMPANY

News provided by

Feb 21, 2025, 07:55 ET

LAWRENCEVILLE, Ga., Feb. 21, 2025 /PRNewswire/ -- Majors Management, LLC (together with its affiliates, "Majors") is pleased to announce the successful acquisition of four Mac's Food Stores in Aberdeen, Pinehurst, and Southern Pines, North Carolina, from affiliates of McNeill Oil Company, Inc.

"This was a difficult decision, as these locations have been part of our company for decades," said Frank McNeill, President of McNeill Oil. "However, we were fortunate to work with a partner like Majors Management. Their experience, professionalism, and speed allowed us to finalize this transaction smoothly and efficiently."

"We are thrilled to strengthen our footprint in North Carolina by adding these sites to our growing network," said Ben Smith, President of Majors. "It was a privilege to work closely with the McNeill team to complete this transaction quickly and seamlessly. Our shared priority has been to ensure there was no disruption to business or customers."

This acquisition aligns with Majors' ongoing strategy of targeting strategic acquisitions to ensure continued growth and further expand its presence in key markets. By further expanding its convenience store network, Majors reinforces its dedication to delivering high-quality fuel and exceptional service to communities in North Carolina and across its multi-state footprint.

About Majors Management, LLC

Lawrenceville, GA-based Majors Management, LLC is an owner, developer and operator of convenience stores and a distributor of high-quality branded and unbranded motor fuels. Majors and its affiliates supply fuel to over 1,400 convenience store locations. Majors' current markets include Alabama, Arkansas, Arizona, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Maine, Michigan, North Carolina, Mississippi, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and West Virginia.