Casey’s has signed a deal to acquire 63 convenience stores from EG Group’s subsidiary EG America.

The stores affected by the acquisition currently operate under the Minit Mart and Certified Oil brands in Kentucky and Tennessee, with employees expected to be retained.

The agreement is anticipated to close later this year, subject to customary regulatory approvals.

The acquisition plays an important role in Casey’s strategic plan to accelerate store growth over the next three years and bring its stores to more communities, said Darren Rebelez, President and CEO at Casey’s.

“EG Group is pleased to have found a new home for some of our Certified Oil and Minit Mart portfolio,” said Zuber Issa, co-founder and co-CEO of EG Group.

“This divestment will enable both parties to execute their strategic plans, respectively. For EG Group, this divestment also represents another important step in executing our deleveraging strategy.”