Alabama’s Spencer Companies sells stores, gasoline business
Updated Feb 02, 2021;
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The Spencer Companies, a nearly century old Huntsville gasoline and convenience store business, has sold its “operating assets” to the Dutch Oil Company and Sprint Mart chain, according to an announcement today. No financial details of the sale were released.
Founded in 1923, the Spencer Companies owned and operated 31 MinitMan retail convenience stores in seven north Alabama counties including the Huntsville and Birmingham metro markets. The company also distributed gasoline and diesel products across north Alabama through fueling stations. Its large customers have included the City of Huntsville and Huntsville Utilities.