USA: Circle K acquires Slidell Oil’s assets

The deal includes 17 convenience stores and 23 wholesale fuels accounts in the South East.

Alimentation Couche-Tard Inc. has agreed to buy Slidell Oil Company including 17 convenience stores and 23 wholesale fuels accounts across three southeastern states.

The assets and accounts are owned and operated by Slidell Oil Company of Slidell, Louisiana. Most c-stores operate under the Purple Cow banner.

Slidell Oil's principal owners are brothers Keith and Brian Baker, third-generation owners who have managed the company since the early 2000's.

"As we expand our presence in the area, we look forward to bringing the Circle K experience to new customers and making their lives a little easier every day,” said Alex Miller, Couche-Tard's Executive Vice President.

The Slidell Oil assets are large, modern, high-volume facilities that will complement the existing Circle K portfolio in the region. On the fuel side, the wholesale accounts will further complement Circle K's wholesale fuels business.