# Who does Casey's pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/caseys · Facet: suppliers · Updated: 2026-09-24T11:10:52.680467+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Casey's's confirmed suppliers/cost counterparties include PepsiCo, The Coca-Cola Company. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 0 of them primary filings (as of 2026-09-24).

### Fikes Wholesale (high)
- metric: Amount $1.2B · FY2025 acquisition · Aggregate purchase price for Fikes Wholesale and Group Petroleum Services
- note: Casey's acquired 100% of Fikes Wholesale and Group Petroleum Services in November 2024, adding 198 CEFCO stores, a fuel terminal, and a wholesale fuel network. The final aggregate purchase price reported in the 2026 Form 10-K was $1.165752 billion.
- [confirms] SEC EDGAR (EN, filing, published 2026-06-22) https://www.sec.gov/Archives/edgar/data/726958/000072695826000046/casy-20260430.htm: "the Company acquired 100% of the equity of Fikes ... The aggregate purchase price for the acquisition totaled $1,165,752."
- [confirms] Mercer Capital (EN, analysis, published 2025-10-30) https://mercercapital.com/content/uploads/Mercer-Capital-2025-Energy-PPA-Study_Final.pdf: "Casey’s General Stores’ acquisition of Fikes Wholesale reported 36% of purchase consideration to goodwill and 2% of purchase consideration to customer-related assets."
- [confirms] Investing.com Korea (KO, news, published 2024-11-05) https://kr.investing.com/news/company-news/article-93CH-1257554: "Casey's completed its acquisition of Fikes Wholesale, operator of CEFCO convenience stores, on November 1, 2024."

### PepsiCo (mid)  → /pepsico.md
- note: Casey's sells PepsiCo beverages in its stores and runs national promotions pairing Casey's pizza with Pepsi. The value of product supply and joint promotion activity was not disclosed.
- [confirms] Casey's (EN, ir, published 2025-11-19) https://investor.caseys.com/news-releases/news-release-details/caseys-and-pepsir-team-celebrate-ultimate-duo-pizza-and-pepsi: "Casey’s and Pepsi teamed up on a bold, unexpected new advertising spot."

### Coca-Cola (mid)  → /coca-cola.md
- note: Casey's sells beverages from Coca-Cola and its bottling partners and operates joint campaigns with the company. Product-supply and campaign-specific payments were not disclosed.
- [confirms] Casey's (EN, ir, published 2025-07-30) https://investor.caseys.com/news-releases/news-release-details/caseys-cash-classrooms-round-returns-support-local-schools-and: "guests at Casey’s stores can ... purchase Coca-Cola products."

Reverse side: https://valuechain.wiki/caseys/customers.md · Ripple: https://valuechain.wiki/caseys/ripple.md

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Full node: https://valuechain.wiki/caseys.md · JSON: https://valuechain.wiki/caseys.json