Acquisition of Holiday Gas Stations finalized
LAVAL, Quebec — Holiday Stationstores Inc. has officially been acquired by one of the largest company-owned convenience store operators in the world, according to a press release. Alimentation Couche-Tard Inc. finalized the purchase of the privately-owned gas station chain on December 22nd, as approved by the U.S. Federal Trade Commission.
The press release states that Holiday is an important player in the Midwest and has top quartile convenience and fuel volumes under the Holiday brand. Holiday operates 522 locations across 10 states, two food commissaries and a fuel terminal.
“We are very excited to announce this new addition to the Couche-Tard family,” says Brian Hannasch, President and CEO of Couche-Tard, in the statement. “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.”
Other Couche-Tard subsidiaries include Circle K, Statoil and Mac’s Convenience Stores.