Canadian convenience retailer Couche-Tard has sold 52 sites in the Atlantic Canada region to petroleum product distributor Harnois Énergies.
Couche-Tard made the sale following an agreement with the Competition Bureau last year in relation to its proposed acquisition of the Wilsons network.
The bureau kept the acquisition on hold over concerns that it would reduce or prevent competition in the supply of retail gasoline in some markets.
The divestiture completes Couche-Tard’s acquisition of Wilsons’ network, which consists of Cape D’Or Holdings, Barrington Terminals and other related holding entities.
These businesses operate independent convenience store and fuel networks in Atlantic Canada under the banners Esso, Wilsons Gas Stops and Go! Stores (Wilsons).
Alimentation Couche-Tard president and CEO Brian Hannasch said: “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.”
Couche–Tard has now added 45 corporate-owned and operated convenience retail and fuel locations to its network, as well as more than 120 dealer locations in Atlantic Canada..
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