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business1d ago
Monfort Companies sells multistate convenience and fuel retail portfolio
- Monfort Companies completed the sale, finalizing its multistate convenience and fuel retail portfolio exit.
- The Denver-based firm previously ran nearly 80 stores across five states.
- Alon Mor, CEO, said Monfort invested with purpose and achieved rapid expansion before divesting.
- Divestments occurred between 2023 and 2026 with several buyers involved.
- Final transactions complete the phased wind down of the convenience retail operations.
- Industry peers referenced in related contents highlight ongoing sector activity.
- Monfort’s portfolio included adjacent operations like car washes and quick-lube shops at peak.
- The company shifted focus from convenience retail to other investments beyond the sector.
- Buyers included major names such as Azan Petro, 7‑Eleven, Kent Kwik, and Diamond Jubilee Oil.
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