By Richard Provost
Maverik and its parent company, FJ Management, is a Utah-based gas and convenience store chain that (until recently) operated over 370 locations across Arizona, California, Colorado, Idaho, Nebraska, Nevada, New Mexico, Oregon, South Dakota, Utah, Washington, and Wyoming. The company is one of the largest privately held companies in the United States, with revenues in the billions.
In April of 2023, the company announced that it would acquire Kum & Go and Solar Transport from Krause Group. 6 months later, the sale has been finalized. Now, Maverik will own and operate over 800 stores in 20 states and employ approximately 14,000 individuals.
“We are excited to welcome Kum & Go and Solar Transport Team Members to Maverik,” said Chuck Maggelet, CEO of Maverik, in a statement. “Together, we’ll offer our customers an adventurous and differentiated convenience store experience across fuel, foodservice, and inside-store offerings. We look forward to using our combined resources to grow our business and further elevate our product offerings to provide the best service to our customers.”
Kum & Go is the 24th-largest convenience store chain in the country and was headquartered in Des Moines, Iowa. To express their support and gratitude for the people of Iowa, Maverik is donating $50,000 to The Des Moines Public Schools Foundation. Maverik’s donation will provide fresh fruits, vegetables, and toiletries at Des Moines Public Schools’ 53 food pantries in schools across the district.
Provo Tribune: Local News for the Provo/Orem Area 