Mergers & Acquisitions

Couche-Tard Sells 52 Sites

Transaction completes acquisition of the Wilsons network in Atlantic Canada

Alimentation Couche-Tard Inc., as part of the agreement reached with the Competition Bureau of Canada over its acquisition of the Wilsons gas station network, has completed the sale of 52 sites to Harnois Energies.

Saint-Thomas, Quebec-based Harnois Energies has acquired a portion of a retail convenience stores and fuel network in the Maritime provinces under the Esso, Wilsons Gas Stops, Go! Stores and Coast Gas brands. This deal includes 34 corporate stations and 18 affiliated stations across Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland and Labrador.

The Competition Bureau has approved the sale. This transaction completes the acquisition of 79 company-owned locations from Cape D’Or Holdings Ltd., Barrington Terminals Ltd. and other related holding entities, which operate an independent convenience store and fuel network in Atlantic Canada.

With its acquisition of the Wilsons network, net of the sale of 52 sites to Harnois Énergies, Couche–Tard is adding 45 corporate-owned and operated convenience retail and fuel locations and more than 120 dealer locations in Atlantic Canada as well as a marine fuel terminal in Halifax, Nova Scotia.

“We are pleased to welcome the Wilsons network into the family and look forward to its integration,” said Brian Hannasch, president and CEO of Alimentation Couche-Tard, Laval, Quebec. “The addition of this strong network further strengthens our position in Atlantic Canada, and we are excited to add great team members to the Couche-Tard family.”

  • Alimentation Couche-Tard is No. 2 on CSP’s 2023 Top 40 update to the 2022 Top 202 ranking of convenience store chains by store count. Watch for the full 2023 Top 202 in June.

Couche-Tard’s 24-country network includes more than 7,100 in the United States, primarily under the Circle K and Holiday Stationstores banners, and approximately 2,100 in Canada under the Circle K, Mac’s and Couche-Tard banners. In Europe, under the Circle K and other banners, Couche-Tard operates a retail network in Scandinavia, Ireland, Poland, the Baltics and Russia with more than 2,700 stores and unmanned automated fuel stations. And under licensing agreements, more than 2,200 stores operate under the Circle K banner in 15 other countries and territories (Cambodia, Egypt, Guam, Guatemala, Honduras, Hong Kong, Indonesia, Jamaica, Macau, Mexico, Mongolia, New Zealand, Saudi Arabia, the United Arab Emirates and Vietnam). This brings Couche-Tard’s total worldwide network to approximately 14,300 mostly Circle K-branded stores.

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