By Isaac Guerrero
Rockford Register Star
ROCKFORD — Rockford's Road Ranger, LLC sold 42 of its gas station and convenience store outlets in the Rockford area this week as the company narrows its focus to truck stops.
GPM Investments, a private company based in Richmond, Virginia, bought the gas stations. Terms of the sale were not disclosed. GPM operates about 600 convenience stores, mostly on the East Coast and will transition the Rockford area gas stations to one of its existing brands, which include Fas Mart, Shore Stop and then transition them to one of its existing retail brands, which include Fas Mart, Shore Stop, Scotchman Stores, Young's, Li'l Cricket and BreadBox.Road Ranger president David Saporta said GPM retained all Road Ranger employees as part of the sale. The sale did not include a Road Ranger truck stop in South Beloit or the company's gas stations in the village of Winnebago, on East Riverside Boulevard near Interstate 90 and on South Main Street near the Chicago Rockford International Airport. Road Ranger operates 32 truck stops nationwide and "will continue to operate, grow and expand" those core businesses, Saporta said.Isaac Guerrero: 815-987-1361; iguerrero@rrstar.com; @isaac_rrs
42 Rockford-area Road Ranger gas stations sold - News - Rockford Register Star - Rockford, IL
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