Friday, July 01, 2022
Mount Olive-Based Handy Mart Chain Sold To New Owner

Mount Olive-Based Handy Mart Chain Sold To New Owner

(GDN) — A locally-owned chain of convenience stores has been sold.  GPM Investments, LLC has announced the closing of the acquisition of the Handy Mart chain from Mount Olive-based E.J. Pope & Sons.  The Handy Mart chain includes 36 convenience stores with gas in North Carolina and one development parcel.  GPM says this will complement its existing retail store network in North Carolina.  Handy Mart has locations in Goldsboro, Jacksonville, New Bern, Greenville, Wilson, Princeton, and throughout eastern North Carolina.  GMP Investments, LLC is a wholly owned subsidiary of ARKO Corp.

Handy Mart is a strong regional brand with great people and a robust culture that will make a fantastic addition to our family of community brands,” said Arie Kotler, Chairman, President and Chief Executive Officer of ARKO. “We look forward to expanding further in the Carolinas and providing customers with the high-quality products and service associated with our existing banner stores. We pride ourselves on the ability to unify and maintain the banners of strong regional community brands under our leadership and resources.”