Alimentation Couche-Tard Inc. announces that it has obtained clearance from the U.S. Federal Trade Commission to acquire all of the issued and outstanding equity interest of Holiday Stationstores, Inc. and certain affiliated companies. Closing is expected to occur on December 22, 2017.
Holiday’s main assets consist of 522 company-operated and franchise locations in 10 U.S. states, two food commissaries, and a fuel terminal. Holiday, a privately owned company, is an important player in the U.S. Midwest region, and has top quartile convenience and fuel volumes under the Holiday brand.
“We are very excited to announce this new addition to the Couche-Tard family,” says Brian Hannasch, President and CEO of Couche-Tard. “The Holiday assets are a strong strategic fit for our business and expands the Corporation’s reach to 48 of the 50 U.S. states. Adding the Holiday stores, commissaries and fuel terminal as well as its highly successful programs and employees pushes us further in our journey to become the world’s preferred destination for convenience and fuel.”