Retail giant Couche-Tard continued its shopping spree last Friday by acquiring nearly 20 businesses in New Mexico, the day after acquisitions in Alabama and Louisiana.
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The Quebec flagship was unveiled Monday, after it acquired 19 stores and non-operating properties from Pic Quik, a New Mexico sign founded in 1958.
Convenience stores will eventually join the Circle K banner operated by Couche-Tard in the United States.
The deal includes 19 well-managed, high-quality locations primarily located in southern New Mexico. These locations represent a strategic addition to our existing network, as well as our two non-operating holdings,” Laval detailed in a press release.
The transaction amount was not disclosed.
The announcement comes on top of an auspicious week of shopping at Couche-Tard, which also introduced 17 convenience stores and 23 Slidell Oil Company wholesale fuel accounts in Louisiana and Alabama last Thursday.
Couche-Tard has about 14,200 companies located all over the world. These employ about 124,000 people.
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