Alimentation Couche-Tard Inc. has entered into a definitive agreement with Canadian oil and gas company Irving Oil to acquire parts of its retail assets in Quebec and Ontario. This is reported in a Couche-Tard press release.
The deal includes 50 gas stations operated by Couche-Tard as part of the Quebec Alliance between the two companies, two facilities in Ontario and 71 fuel sales facilities in Quebec, as well as 18 fuel card dispensaries. Irving Oil fleet customers will continue to be served under the long-term agreement between Couche-Tard and Irving Oil.
Irving Oil owns the largest refinery in Canada and the only refinery in Ireland, as well as a network of gas stations in eastern Canada and the northeastern United States. The transaction is subject to the usual closing conditions, including regulatory approval.
Irving Oil is a Canadian oil and gas company. The company is part of the Irving Group of Companies along with J.D.Irving, Limited (sawmill industry, transport and shipbuilding), Brunswick News, Ocean Capital Holdings (real estate, construction, materials). The headquarters is located in St. John (Canada).
Alimentation Couche-Tard Inc. (often simply Couche-Tard) is a Canadian multinational convenience store operator and one of the key operators of networks for vehicles, charging stations for electric vehicles and aviation fuel. The headquarters is located in Laval (Quebec, Canada) with 17 thousand facilities in Canada, USA, Mexico, Ireland, Norway, Sweden, Denmark, Japan, etc. The staff includes 145 thousand people.
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