Alimentation Couche-Tard, the Quebec-based convenience store, has acquired 55 stores in the United States, located in Illinois and Indiana.
The locations were previously occupied by Super Pantry convenience stores and were purchased for an undisclosed amount. The stores will operate under the banner Circle K after the acquisition is complete in October, though they will continue to dispense its current fuel brands Phillips 66 and Mobil.
Couche-Tard has grown aggressively since its Quebec start, including its acquisition of Mac’s in Canada in 1999 and Circle K in the United States in 2003. Analysts believe the company will look toward European acquisitions in the future.
Couche-Tard is the largest convenience store operator in the United States. It operates over 6,200 stores across North America.
