{"id":104570,"date":"2017-08-22T07:30:39","date_gmt":"2017-08-22T11:30:39","guid":{"rendered":"https:\/\/depquebec.com\/couche-tard-prend-une-bouchee-de-la-belle-banniere-depanneur-du-coin-ultramar\/"},"modified":"2017-08-22T08:11:05","modified_gmt":"2017-08-22T12:11:05","slug":"couche-tard-takes-a-bite-out-of-the-ultramar-depanneur-du-coin-banner","status":"publish","type":"post","link":"https:\/\/depquebec.com\/en\/couche-tard-takes-a-bite-out-of-the-ultramar-depanneur-du-coin-banner\/","title":{"rendered":"Couche-Tard Takes A Bite Out Of The Ultramar “D\u00e9panneur du Coin” Banner"},"content":{"rendered":"

Last June, Couche-Tard<\/a> finalized the acquisition of CST Brands <\/strong>—\u00a0the largest in its history — comprised of a network of approximately 2,000 convenience stores and gas stations located in Canada and the United States (see previous articles\u00a0here<\/a> and here<\/a>).<\/p>\n

As for the Canadian portion of the network, which includes the 200 “D\u00e9panneur du Coin<\/a>” service stations and the 130 D\u00e9pan Express<\/a> Ultramar in Quebec, it was to be resold in its entirety<\/strong> to Parkland Fuel Corporation, to avoid too much concentration.<\/p>\n

At least, that’s what we thought, but it does not seem to be the case. Indeed, yesterday we passed by an Ultramar “D\u00e9panneur du Coin<\/a>” gas station in full conversion mode to a Couche-Tard!<\/a><\/p>\n

\"\"<\/a>
While waiting for the store to be converted to Couche-Tard colors, the Laval retailer did not lose a second to take possession of it, even if it means putting up a temporary signage.<\/figcaption><\/figure>\n

According to the store employee, the service station changed its banner two weeks ago, on August 2nd.<\/p>\n

We were under the impression, probably false, that to comply with the Canadian Competition Bureau, Couche-Tard<\/a> had sold the entire “D\u00e9panneur du Coin” and D\u00e9pan Express Canadian network to Parkland.<\/p>\n

But by reading carefully the fine print of the most recent press releases, we came across the details of this complex acquisition and yes, it is said clearly that Couche-Tard<\/a> retains certain stores in Quebec, Ontario and the Maritimes.<\/p>\n

Here is what Parkland is buying from Couche-Tard<\/a> (source: Couche-Tard<\/a>):<\/p>\n