July 18, 2012 / 1:23 PM / 6 years ago

Couche-Tard to buy 27 stores in Washington State

(Reuters) - Canadian convenience store and gas station operator Alimentation Couche-Tard Inc (ATDb.TO) said on Wednesday it would buy 27 stores in eastern Washington State from Sun Pacific Energy.

    Couche-Tard said 26 of the stores sell motor fuel. It expects the deal to close in November 2012, and bring in more than 43 million gallons of fuel sales and $35 million in merchandise revenue each year.

    Couche-Tard operates about 5,800 convenience stores across North America, the majority of which sell motor fuel. It recently extended its reach into Europe by acquiring 2,300-outlet Statoil Fuel & Retail in a $2.6 billion deal.

    Reporting By Allison Martell

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below