Parties
Company
Alimentation Couche-Tard Inc.
Company
Harnois Énergies
Bank
National Bank Financial
Alimentation Couche-Tarde Inc. has sold 52 sites to Harnois Énergies as part of their deal with the Competition Bureau to acquire the Wilsons network. The transaction completes the acquisition of Cape D'Or Holdings Ltd., Barrington Terminals Ltd., and other affiliated holding entities, which run an independent convenience store and fuel network in Atlantic Canada under the Esso, Wilsons Gas Stops, and Go! Stores brands.
The financial terms of the deal have not been disclosed.
Davies served as the legal counsel to Alimentation Couche-Tarde in this this transaction with a team that included Sébastien Thériault, Alyssa Wiseman, Caroline Parent-Harvey, Caroline Robertson and Noah Abitbol (Corporate/Private M&A); Chares Tingley, Alysha Manji-Knight and Teraleigh Stevenson (Competition); Ariane Hunter-Meunier and Taj Kudhail (Tax); Jonathan Godin (Real Estate).
Dentons advised Harnois in this transaction with a team led by Stephen Lloyd and including Audréanne Poulin and James Proctor.
National Bank Financial acted as the financial advisor to Alimentation Couche-Tarde in connection to the transaction. Fasken acted as legal counsel to the National Bank Financial.
Deal Type
Merger & AcquisitionIndustry
EnergyTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
01 March 2023