April 28, 2017 9:22 PM ET

Specialty Retail

Company Overview of Speedway LLC

Company Overview

Speedway LLC operates a chain of gas and convenience stores in Alabama, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Massachusetts, Michigan, North Carolina, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, Wisconsin, and West Virginia. It offers fuel, food, hot and cold beverages, and merchandise. The company also provides gift cards and rewards programs. Speedway LLC was formerly known as Speedway SuperAmerica LLC and changed its name to Speedway LLC in February 2011. The company was incorporated in 1997 and is based in Enon, Ohio. Speedway LLC operates as a subsidiary of Marathon Petroleum Corporation.

500 Speedway Drive

Enon, OH 45323

United States

Founded in 1997

Phone:

937-864-3000

Fax:

937-864-3091

Key Executives for Speedway LLC

President
Age: 63
Vice President of Operations
Chief of Fire Department
Age: 48
National Account Management Representative
Vice President of Marketing
Compensation as of Fiscal Year 2016.

Speedway LLC Key Developments

Speedway Seeks Acquisitions

Speedway LLC is looking for acquisitions. Anthony Kenney, Chief Executive Officer said, "The company's local presence has swelled in recent years. Between Enon and Springfield, Speedway has 1,100 employees in its headquarters. Another 1,427 employees work in 110 stores around the region - putting it a few hundred jobs over the 2,155 employees it reported about a year ago. Speedway has put nearly $50 million into buying or building about 14 new stores in the region in recent years. It's looking to build and acquire more."

Speedway and Pilot Flying J in Joint Venture to Improve Driver Service in Southeast US

Marathon Petroleum (MPC) announced its unit Speedway struck a joint venture agreement with Pilot Flying J comprised of 120 travel plazas - primarily in the southeast U.S. -- to improve service for drivers. The venture, PFJ Southeast, will initially consist of 41 locations contributed by Speedway and 79 locations contributed by Pilot Flying J. This venture will better serve guests by investing in upgrades and renovations of the 41 locations contributed by Speedway. These locations will provide additional parking for guests with a variety of food choices and dining options.

Couche-Tard, Sunoco And Speedway Reportedly Interested In Acquiring CST

Speedway LLC, Alimentation Couche-Tard Inc. (TSX:ATD.B) and Sunoco, Inc. are among interested buyers for the CST Brands, Inc. (NYSE:CST).

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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