GPM Investments

GPM purchases motor fuel primarily from major integrated oil companies and independent refiners and distributes it to GPM outlets. As of March 31, 2017, GPM distributed volumes it purchased to 805 convenience stores controlled by GPM.

The total amount of motor fuel GPM Investments sold grew from 284.7 million gallons during 2012 to over 667.0 million gallons during 2016, primarily as a result of a series of convenience store acquisitions by GPM. Since January 1, 2012, the number of GPM-controlled convenience stores has grown from 203 to 805, while the amount of motor fuel sold to such convenience stores has increased from 220.8 million gallons during 2012 to 597.1 million gallons during 2016.