LV Petroleum acquires 2 TA Express journey facilities

Dive Brief:

• LV Petroleum has acquired two more travel centers because the truck cease, comfort retailer and quick-service restaurant operator continues its busy 2026, the corporate introduced final week.
• The acquisitions embrace TravelCenters of America areas in Rosenberg, Texas, roughly 35 miles southwest of downtown Houston, and South Coffeyville, Oklahoma, about 70 miles north of Tulsa.
• The offers comply with LV opening the first Bojangles restaurant in Arizona, extending the Las Vegas-based firm’s development throughout a number of markets.

Dive Insight:

Both the Rosenberg and South Coffeyville areas function underneath the TA Express banner, in keeping with an announcement from Robert Lay, LV’s senior vp of retail operations. LV opened the Rosenberg location on Aug. 11 and bought the South Coffeyville website on Aug. 25, in keeping with the announcement.

The buy costs for each areas weren’t disclosed.

“These acquisitions are about building a stronger network one market at a time,” stated Kris Roach, president and CEO of LV Petroleum, within the announcement. “Rosenberg and [South] Coffeyville give us two more opportunities to bring dependable service and long-term investment to the people who rely on these locations every day.”

Las Vegas-based LV operates greater than 90 journey facilities and 30 comfort shops, along with QSRs representing greater than 30 manufacturers. The firm is pursuing a present objective of working 100 journey facilities, the corporate shared earlier this month.

On the restaurant aspect, LV additionally opened a brand new Sbarro pizza store in Hillsboro, Texas, and its twelfth Bojangles, which opened in Las Vegas, in August in keeping with the announcement.

The firm has expanded each its retail and restaurant operations following a management shakeup this 12 months. Roach was promoted from chief working officer to president and CEO in April, succeeding founder Guy Madmon. A month later, LV appointed a brand new vp of name, mobility and threat and employed a brand new chief expertise officer and senior advertising and marketing director.