CrossAmerica Partners LP entered into a definitive agreement to acquire 31 convenience stores and 4 Northland liquor stores from SSG Corporation for $52.3 million.

CrossAmerica Partners LP (NYSE:CAPL) entered into a definitive agreement to acquire 31 convenience stores and 4 Northland liquor stores from SSG Corporation for $52.3 million on January 6, 2016. The 31 convenience stores reported sales of $44 million in the year ended August 31, 2015. The acquisition is subject to customary conditions to closing and is expected to close in the first quarter of 2016.

CrossAmerica expects the acquisition to be accretive to distributable cash flow to limited partners.