Alon Brands, Inc. (NYSE: ABO Proposed)
Overview
Alon Brands is gaining some independence, but it won't be going it alone in its new venture. Trading on the 7-Eleven and FINA brands, Alon Brands operates convenience stores and, through its wholesale marketing segment, provides motor fuels, supplies, and services to distributors in the southern US. The company is the largest 7-Eleven licensee in the US, with more than 300 convenience stores located in Texas and New Mexico. Alon Brands is also the sole licensee of the FINA brand for motor fuels in the South Central and Southwestern US. Alon USA Energy formed Alon Brands in 2008 as a holding company for its retail and wholesale marketing segments, with the intention of spinning the company off in an IPO.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Alon Brands, Inc. (NYSE: ABO Proposed)
| Company Type | Subsidiary of Alon USA Energy (NYSE: ABO Proposed) |
|---|---|
| Fiscal Year-End | December |
| 2007 Sales (mil.) | £638.2 |
| 1-Year Sales Growth | 0.8% |
| 2007 Net Income (mil.) | £6.0 |
| 1-Year Net Income Growth | 440.2% |
| 2007 Employees | 2,014 |
Key People from Hoover's UK
Key people and executives for Alon Brands, Inc. (NYSE: ABO Proposed)
| Chairman | David Wiessman (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| President, CEO, and Director | Kyle C. McKeen Connect to this executive |
| CFO | David Potter Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Alon Brands, Inc. (NYSE: ABO Proposed)
There are 7 competitors for Alon Brands; see more.Significant Developments
View company events at Alon Brands, Inc. (NYSE: ABO Proposed) such as IPOs, bankruptcies, or executive changes
| Event | Details |
|---|---|
| IPO Filing | Subscribers get full details -- view a sample |
