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Plans made to sell Aisle 1 fuel stations to Anabi Oil
WEST SACRAMENTO, Calif. – Raley’s announced plans to sell its Aisle 1 fuel stations to Anabi Oil, a Southern California family business and convenience store operator. The deal will make Anabi’s Aisle 1 locations and Raley’s exclusive fuel partners. Anabi Oil is prepared to assume operations of the Aisle 1 fuel stations as of early 2019, under the name Aisle 1.
Raley’s currently operates 13 Aisle 1 Fuel Stations throughout Northern California and Nevada, adjacent to their store locations. Aisle 1 fuel stations offer full-service fuel, car wash and convenience items.
“As we continue to move our vision around health and wellness forward, we are focused on our core business of offering healthy food at affordable prices,” said Keith Knopf, Raley’s President & CEO. “This move will allow Raley’s to advance our long-range strategic plan and sets up a series of moves that will position Raley’s for significant growth and expansion.”
Raley’s evaluated several offers and through the vetting process, determining that Anabi Oil, a family-owned-and-led business would be great stewards and partners. Raley’s and Anabi Oil are working to provide options for continued employment to the 80 team members currently working at the fuel stations.
Anabi Oil owns and operates more than 295 locations and delivers fuel to an additional 160 stations under multiple brands including its own Rebel brand. Although ownership transfers to Anabi Oil, the partnership will extend beyond the transaction and will be centered on Raley’s existing pump rewards program. Under the agreement, Raley’s will continue to provide customers with fuel rewards when shopping in select Raley’s grocery stores and customers will continue to redeem those rewards at the Aisle 1 sites.
“Aisle1 is a great addition to the Rebel Brand, complementing our existing portfolio in both California and Nevada,” said Sam Anabi,CEO & Owner, Anabi Oil. “We are excited about our long-term relationship with Raley’s. With our expertise in running fuel stations and convenience stores, paired with a dominant grocer in the market, we will offer customers a fueling, convenience store and grocery rewards experience that others cannot.”
According to Raley’s Chief Financial Officer, Ken Mueller, who led the negotiations, the transaction is expected to close late December.“With extensive experience in the convenience business and a strong family business in California, Anabi Oil was the perfect partner,” said Ken Mueller.
The two companies are aligned in their vision for the operations and future expansion, providing the highest level of service to both customers and their communities. The partnership includes opportunities for growth, including expanding customer discounts at other Anabi-owned locations and consideration of future fuel stations throughout Raley’s footprint.
The deal includes the following Aisle 1 Fuel Stations:
*Seventy Raley’s locations offers pump rewards to nearby Aisle 1 locations.
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