Mergers & Acquisitions

Couche-Tard Purchases 62 Convenience Stores

DALLAS -- Circle K Stores Inc., a division of Canada-based Alimentation Couche-Tard, purchased 62 convenience stores in nine states from Greatstone Equities Inc., according to a report in the Greater Baton Rouge Business Report.

The deal includes stores in Arizona, California, Florida, Louisiana, Nevada, New Mexico, North Carolina, Texas and Washington, according to the report.

Dallas-based Greatstone Equities Inc. purchased some of the stores in May 1996 from Dallas-based Edgemont Realty Partners Ltd., the report said.

Laval, Quebec-based Couche-Tard's network includes 8,006 convenience stores in North America, including 6,579 stores offering fuel. Its North American network consists of 15 business units, including 11 in the United States covering 41 states (most currently branded Circle K or Kangaroo Express) and four in Canada covering all 10 provinces (most currently branded Mac’s and Couche-Tard).

Watch for details in CSP Daily News and CSPnet.com.

Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Foodservice

Opportunities Abound With Limited-Time Offers

For success, complement existing menu offerings, consider product availability and trends, and more, experts say

Snacks & Candy

How Convenience Stores Can Improve Meat Snack, Jerky Sales

Innovation, creative retailers help spark growth in the snack segment

Technology/Services

C-Stores Headed in the Right Direction With Rewards Programs

Convenience operators are working to catch up to the success of loyalty programs in other industries

Trending

More from our partners