Petro Group Ltd., Israel, completed its acquisition of the Double Kwik for $11.8 million, reported Globes.(MERGERS & ACQUISITIONS)(Petro Group Ltd., the parent of GPM INVESTMENTS LLC hass completed acquisition of Double Kwik owned and operated by BARNETTE ENTERPRISES)(Brief article)

Food Institute Report, The, December, 2007

PETRO GROUP LTD., Israel, completed its acquisition of the DOUBLE KWIK for $11.8 million, reported Globes. Double Kwik has 58 convenience stores in Virginia and Tennessee. It also operates foodservice franchises at 12 of its convenience stores. Double Kwik is currently owned and operated by Earl Wendell Barnette and Brenda Barnette.

BARNETTE ENTERPRISES and its affiliates are responsible for Double Kwik Markets in Southwest Virginia and Eastern Tennessee. Petro Group Ltd is the parent of GPM INVESTMENTS LLC, Mechanicsville, VA, which operates the FAS MART and SHORE STOP chains ... CSP Daily News (Dec. 4)