Pennsylvania retailer Pump N’ Pantry has sold its 14-store business to United Refining Company. The stores will be integrated into United’s Kwik Fill / Red Apple chain.
Jon Mechling, assistant vice president for Kwik Fill, said, “We are very excited to begin serving current customers and reaching new ones in north-eastern Pennsylvania. We intend to augment existing products and services that customers appreciate with our own popular prepared foods, tradition of great customer service and our American-made fuels. We are continuously driving our operations to be cost-effective and look forward to delivering value to all our new and existing customers.”
Pump N’ Pantry, a Montrose, Pennsylvania-based company, was founded in 1975 when Tom Quigg purchased Seddon Lathrop Oil Company after a career at Esso. At the time, the company was focused on residential heating oil distribution and had two retail fuel locations. In 1988, Quigg sold the legacy heating oil business and rebranded as Pump N’ Pantry to shift toward retail operations.
Scott Quigg, Tom’s son, joined the company in 1993 after starting his career at Cumberland Farms and later purchased the company in 2001.
United Refining Company is an independent refiner and marketer of petroleum products with over 350 retail outlets in Pennsylvania, Ohio and New York, which include service station and convenience stores, truck stops, restaurants and garages. The locations are branded Kwik Fill / Red Apple Food Marts and Country Fair.
Matrix Capital Markets Group, an independent investment bank, advised Pump N’ Pantry on the sale. The two companies began planning for the sale in 2019.