The Federal Trade Commission on Thursday approved Giant Eagle selling its GetGo gas stations to Alimentation Couche-Tard Inc.
The proposed $1.57 billion acquisition includes 270 retail fuel outlets from grocery store chain Giant Eagle, Inc. To resolve antitrust concerns, the FTC said Couche-Tard must divest 35 gas stations, which will be acquired by Majors Management, LLC.
On Thursday, Couche-Tard said it agreed to sell 35 locations, including 34 Circle K locations and one GetGo property.
The consent order settles FTC charges that Couche Tard’s deal with Giant Eagle is anticompetitive and will likely lead to higher fuel costs for consumers across Indiana, Ohio and Pennsylvania, the FTC said in a statement. The public will have 30 days to submit comments on the proposed consent agreement package.
“This anticompetitive acquisition threatened to make Americans pay more at the pump by raising fuel prices,” said Daniel Guarnera, director of the FTC’s bureau of competition. “The FTC’s action today preserves competition between gas stations that is critical for keeping fuel prices in check. The FTC will keep a watchful eye on retail fuel markets to make sure American consumers can spend less on gas and keep more money in their pockets.”
The divestiture of the retail fuel outlets must be completed no later than 20 days after Couche-Tard completes the acquisition, the FTC said.
“GetGo has built an extraordinary brand on the strength of a best-in-class food program, an exceptional store experience and a compelling offer activated by an amazing team that is passionate about their customers and communities,” said Alex Miller, president and CEO of Couche-Tard. “We are very pleased to welcome them to the Couche-Tard team”
Miller told investors on Thursday’s earnings call that the deal was expected to close “in the coming days.”
GetGo’s approximately 3,500 employees and 270 locations in Pennsylvania, Maryland, West Virginia, Ohio and Indiana will make up a new and separate business unit within Couche-Tard’ s U.S. store network. Leading the business unit as vice president of operations is Mike Maraldo, a 33-year Giant Eagle veteran who has been vice president of operations for GetGo since 2022.
Senior operations leaders, as well as management and functional support staff for GetGo, will remain based at Giant Eagle’s corporate campus in Cranberry Township, Pennsylvania, in a separate, dedicated space, Couche-Tard said in a statement.
The company also said GetGo’s brand, programs, and offers will continue, including the myPerks loyalty program that it shares with Giant Eagle.
- Alimentation Couche-Tard is No. 2 on CSP’s 2025 Top 202 ranking of U.S. c-store chains by store count. Majors Management, LLC is No. 32
Alimentation Couche-Tard is a global leader in convenience and fuel retail, operating in 29 countries and territories, with more than 16,700 stores, of which almost 13,100 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience-store operators in the United States and a leader in the convenience-store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics and Ireland. It also has an important presence in Poland and the Hong Kong Special Administrative Region of People's Republic of China and has expanded to Belgium, Germany, Luxembourg and the Netherlands. More than 150,000 people are employed throughout its network.
Lawrenceville, Georgia-based Majors Management LLC, is an owner, developer and operator of convenience stores and a distributor of branded and unbranded motor fuels.
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