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Stewart's Shops acquires assets of Red-Kap to expand fuel distribution | Local News - Vimarsana News

Stewart's Shops acquires assets of Red-Kap to expand fuel distribution | Local News

SARATOGA SPRINGS, N.Y. — Stewart’s Shops is expanding its fuel distribution with a recent Red-Kap asset purchase. Stewart’s Shops has acquired the assets of Red-Kap, a press release from the company reported, noting that the acquired assets include eight convenience stores, four car washes and fuel distribution to more than 75 dealers, “which is the heart of the deal.” Stewart’s Shops will maintain the branding of the Mobil, Citgo, and Sunoco stations and will convert two of the Red-Kap locations into traditional Stewart’s Shops. The remaining six locations ...