Couche-Tard increases competition with acquisition - Professional Carwashing & Detailing

Couche-Tard increases competition with acquisition

LAVAL, Quebec — The merger will bring the c-store chain's locations to more than 7,800.

LAVAL, Quebec — Alimentation Couche-Tard has agreed to acquire The Pantry, according to retailwire.com.

The transaction will allow Couche-Tard a greater presence in the Southeastern and Gulf Coast regions of the U.S., said the article.

With the merger, the Canadian c-store’s number of locations will rival 7-Eleven, noted the article.

Read also: Core-Mark announces executive leadership changes

7-Eleven operates about 8,700 stores in North America, reported the article. With The Pantry acquisition, Couche-Tard will operate 7,815 stores.

Couche-Tard brands include Mac’s and Circle K as well, stated the article.

The Pantry has lately focused on selling high-margin fresh food, shared the article. Fuel sales account for the largest portion of its revenue.

Click here to read the entire article.

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