Couche-Tard Strikes Deal for 52 Irving Oil Convenience and Fuel Locations

Couche-Tard has agreed to acquire a 52-site Irving Oil retail portfolio in Quebec and Ontario. The Oct. 9 agreement covers 50 Quebec retail sites that Couche-Tard already operates through its alliance with Irving Oil, plus two additional locations. The purchase adds convenience and fuel properties to Couche-Tard's existing network.

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The Oct. 9 transaction gives Couche-Tard a 52-location Irving Oil retail portfolio spanning Quebec and Ontario. Fifty of those Quebec sites are already run by Couche-Tard through its alliance with Irving Oil. The other two locations fall outside that current arrangement.

The acquisition folds these fuel-and-convenience retail assets into Couche-Tard's broader operations. It builds on the companies' existing Quebec partnership, converting sites that Couche-Tard has operated under the alliance into part of its acquired portfolio.

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