Couche-Tard signs agreement to acquire 33 stores

Retailer Couche-Tard has signed an agreement through its Circle K subsidiary to acquire 33 stores in southern Louisiana from ExxonMobil’s On the Run banner. The deal is likely to close in December. Sites will be converted to the Circle K brand while continuing to sell Mobil-branded fuel. Jason Broussard, vice-president of operations, Gulf Division, said: “Our network in the Circle K Gulf division would include 318 company-operated stores occupying strategic locations within their respective trade areas.”