Newspaper article The Canadian Press

Couche-Tard to Add Ireland's Topaz to European Convenience Store Network

Newspaper article The Canadian Press

Couche-Tard to Add Ireland's Topaz to European Convenience Store Network

Article excerpt

Slainte: Couche-Tard moves into Ireland

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MONTREAL - The company that owns Mac's and Couche-Tard stores is making further advances in Europe with the acquisition of Ireland's leading operator of gas bar and convenience store stations.

The Quebec-based company says it has an agreement to buy the Topaz chain for an undisclosed price.

Couche-Tard says Topaz is a good strategic fit within its European network.

"It has an extensive and attractive convenience and fuel network, with good locations, quality forecourts and stores, an excellent food offering and very professional teams," Europe group president Jacob Schram said in a statement.

Topaz has a network of 464 fuel stations across the island of Ireland including its recently acquired Esso station network.

Of these stations, 162 are owned by Topaz and 302 by dealers.

The agreement also includes a commercial fuels operation, with over 30 depots and two owned terminals. …

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