Canadian convenience store operator Alimentation Couche-Tard has announced plans to expand further in the US, with the planned acquisition of more than 200 outlets by the end of the year.
“We can easily buy three, four or five hundred stores,” he said. “It could be an investment in the range of C$500m to C$600m (US$370m to $445m).”
Bouchard said the company was not interested in acquiring the nearly 300 White Hen Pantry stores of bankrupt Clark Retail Enterprises.
Montreal-based Couche-Tard operates around 690 stores in the US, which are concentrated in the Midwest, as well as 1,800 stores in Canada.