October 8, 2012

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

FJ Management to Acquire Majority Interest in Maverik, Inc.

Press Release

October 8, 2012

FJ Management Inc. (“FJM”) formerly known as Flying J, announced that it is acquiring a majority interest in Maverik, Inc., (“Maverik”). Nearly 60 years ago, brothers Reuel and Osborne Call formed a partnership to market fuel. The partnership lasted more than a decade until Reuel purchased Osborne’s ownership in the business. Jay Call, Osborne’s son, then founded Flying J, Inc. After 44 years of operating independently, the Osborne and Reuel Call families are once again joining forces in the oil refining, fuel distribution and convenience retailing businesses.

It is expected that this combination will deliver unique synergies in the marketplace, further the growth of Maverik stores and create many jobs throughout the intermountain west. Mike Call, Maverik's CEO, said, “Maverik will continue to aggressively market its high energy, Adventure’s First Stop brand that has created millions of raving fans.”

FJM and Maverik will operate independently with their current respective management teams. Crystal Maggelet, CEO of FJM, said, “We are very excited to be back in the convenience store business, especially partnering with an industry leader like Maverik.”

The letter of intent signed by the parties anticipates finalizing documents and closing the transaction by early December 2012.

Utah Business Social
UB Events View All
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine and Adobe, along with our other sponsors: Boostability, Right ...
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, is pleased to announce t...
Best Companies to Work For 2014Utah Business Event
Dec 11, 2014
Utah Business magazine along with our sponsors Diversified Insurance and Miller Motor Sports Park...
Community Events View All
2014 Wicked Halloween 5K and Family Expo
Oct 25, 2014
Calling all witches, ghosts, vampires and werewolves! Join us on October 25th at Memory Grove Par...
St. George Book Festival - Book Expo Extravaganza!
Oct 25, 2014
What to Except: * Readers of all ages and genres will get a chance to meet dozens of prolific au...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel