BINGHAMTON — The Mirabito family of companies has acquired the Manley’s Mighty Marts convenience store and gas station chain in the Southern Tier. The acquisition closed on April 28, says Jason Mirabito, vice president of sales and marketing at Mirabito. Financial terms were not disclosed. “We’re acquiring the operations,” he says, noting the details of […]
BINGHAMTON — The Mirabito family of companies has acquired the Manley’s Mighty Marts convenience store and gas station chain in the Southern Tier.
The acquisition closed on April 28, says Jason Mirabito, vice president of sales and marketing at Mirabito. Financial terms were not disclosed.
“We’re acquiring the operations,” he says, noting the details of the deal are under a “confidentiality agreement.”
Manley’s Mighty Marts currently has 17 stores in locations including Binghamton, Endicott, Endwell, Vestal, Johnson City, Windsor, Ithaca, and Glen Aubrey.
Mirabito presently operates 57 Mirabito Convenience Stores, Convenience Express, and Quickway Food Store locations throughout Central New York. With the addition of the Manley’s locations, the Mirabito store count will grow to 74, the company said.
The new stores began shifting over on April 28.
The acquisition is part of Mirabito’s “long-term strategy” to stick to energy-related businesses and grow in strategic areas, including convenience stores, Jason Mirabito says.
“It creates density in our current footprint, making us more operationally efficient in our areas,” he adds.
Mirabito has assured all customers that the changeover “should be seamless.”
The company plans to operate the Manley‘s stores “independently,” keeping all the programs and offerings the same, Mirabito says.
“As it makes sense and we’re able to, we’ll slowly start to transition the chain to Mirabito [signage],” he says.
The acquisition adds about 200 employees to Mirabito’s workforce, which brings the total to about 950 employees, Mirabito says.
Former Manley’s owner Tony Manley will not join Mirabito following the sale of his stores.
“He will not be an employee of our company … He will not have anything to do with the operations of the convenience stores,” Jason Mirabito says.
Tony Manley started his “business life” handling car repairs in Binghamton, according to the website for Manley’s Mighty Marts. He started his convenience-store business in the early 1980s, the website said.
Mirabito Convenience Stores is part of the Mirabito family of companies, which also includes Mirabito Energy Products, the Mirabito Rewards Program, according to the company website.
The Mirabito family of companies operates in eight states with multiple divisions including natural gas and electric, home-heating products and services, wholesale energy products and services, convenience stores and gas stations, and Mirabito truck repair.
Contact Reinhardt at ereinhardt@cnybj.com
