SAN ANTONIO — CST Brands Inc. has closed the previously announced $425-million acquisition of the Flash Foods convenience-store network from The Jones Co.

Based in Waycross, Ga, The Jones Co. and its affiliates operate 165 convenience stores in Georgia and Florida

“I want to welcome the dedicated team members of Flash Foods to CST,” said Kim Lubel, chairman and CEO of CST Brands. “We have great respect for the organization and are excited to work with and share best practices with this experienced group.”

The company expects the transaction to be accretive.”

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Published in CSP Daily News.