Des Moines-based Kum & Go sold to Utah company

The Des Moines-based Kum & Go convenience store chain has been sold to Utah-based Maverik — Adventure's First Stop, the companies announced in a joint statement Friday. Why it matters: Kum & Go, owned by the Krause Group, has more than 400 convenience stores in 13 states, including Iowa, and has been exploring strategic options this year. • Maverik is also acquiring Solar Transport, a tank truck carrier also owned by the Krause Group. State of play: Maverik, which owns about as many stores as Kum & Go in 12...