LAVAL, Quebec, Canada—Alimentation Couche-Tard Inc. said it will acquire 35 Porter’s brand convenience stores in Oregon and Washington from ARS Fresno LLC and certain affiliated companies.
Terms of the deal, which is expected to close in September, weren’t disclosed.
“We are excited to bring the Porter’s stores and team members into the Couche-Tard family. These locations have strong fuel and convenience assets with a track record of growth and a network of experienced employees,” said Brian Hannasch, president and CEO of Alimentation Couche-Tard. “With this transaction, we look forward to growing in the pacific northwest and making our customers' lives a little easier every day in that region.”
The Porter’s deal follows Couche-Tard’s announcement earlier this month that it would acquire Cape D'Or Holdings Limited, Barrington Terminals Limited and other related holding entities, which operate an independent convenience store and fuel network in Canada under the Esso, Wilsons Gas Stops and Go! Store brands.
Couche-Tard operates convenience stores in 26 countries and territories, with more than 14,200 stores, of which about 10,800 offer road transportation fuel. With its Couche-Tard and Circle K banners, it is the largest independent convenience store operator in terms of the number of company-operated stores in the United States.
For more insights from Alimentation Couche-Tard, read “Lessons in Leadership-Live” in NACS Magazine.
Not a NACS Magazine or NACS Daily subscriber? Subscribe to NACS Magazine in a print and/or digital format to read the latest insights from industry thought leaders each month. Subscribe to NACS Daily to receive a roundup of industry news and trends in your inbox each weekday. Subscriptions to NACS Magazine and NACS Daily are complimentary for readers in the convenience retailing industry—you just need to sign up!