Cary Oil Co. Inc., and its affiliates of its Breeze Thru Markets convenience retail business, has sold its stores to Sampson-Bladen Oil Co. Inc. according to a press release from Matrix Capital Markets Group.
“Following the divestment of its chain of 15 Breeze Thru branded convenience stores, Cary will continue to operate its extensive wholesale fuels distribution business that supplies approximately 1,000 dealers across 20+ states and delivers almost 1 billion gallons of fuel annually,” the release said.
Cary Oil Company was founded in 1959 by Harry Stephenson, in the town of Cary, North Carolina. The Breeze Thru network consisted of 15 stores, selling BP, 76 and Amoco branded fuels throughout North Carolina.
“The Stephenson Family has built a very well-known and successful family business, and we are honored that they now trust our family to carry on this one small part of their legacy. We have engaged with Matrix in several acquisitions, and their knowledge of our industry really streamlines the process,” commented Sampson-Bladen Oil Co. President John Litton Clark.
Sampson-Bladen Oil Company Inc. was founded in 1936 and now, as a fourth-generation, family-owned enterprise, has expanded into convenience store operations, quick serve restaurants, car washes, a wholesale fuel division and a lubricants division. With the purchase of the Breeze Thru stores, Sampson-Bladen Oil Company’s store count has increased to 125 stores covering North Carolina from Duck to Blowing Rock, per the release.