(Montreal) The market landscape for service stations and convenience stores in the four Atlantic provinces will change considerably with the expansion of Quebec players Alimentation Couche-Tard and Harnois Énergies.
The two companies announced on Wednesday that they had concluded a transaction between them as part of the purchase by Alimentation Couche-Tard of the Wilsons network, which operates and supplies service stations in the Atlantic region.
The Laval-based company had obtained last August the consent of the Canadian Competition Bureau to acquire the Wilsons group, but on condition that it sell part of this network to avoid preventing or significantly reducing the competition in the supply of retail gasoline in certain markets in these provinces.
Harnois Énergies thus acquired 52 sites, including 34 corporate stations and 18 affiliated stations, with approximately 350 employees. They are split between Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland and Labrador.
In return, Couche-Tard acquires 45 convenience and retail fuel stores and more than 120 locations operated by independent operators in Atlantic Canada, as well as a marine fuel terminal located in Halifax, New -Scotland.
“The addition of this strong network further strengthens our position in Atlantic Canada and we are pleased to add their formidable team members to the Couche-Tard family,” said Alimentation Couche’s President and CEO. – Late, Brian Hannasch.
The President and CEO of Harnois Énergies, Serge Harnois, is also delighted to consolidate his company’s position on the market and expand its presence in the Atlantic provinces.
The purchase by Harnois Énergies enables Alimentation Couche-Tard to finalize the acquisition of the Wilsons network, whose various sites are operated under the trademarks of Esso, Wilsons Gas Stops and Go! Blinds.