A $4.4 billion buyout involving a convenience store giant in Canada means the local Valero Corner Store locations will become Circle K outlets in the near future, with a color scheme of red, white and orange. The buyer, Couche-Tard, plans no changes in the management or staffing of the stores.
Is Circle K owned by Valero?
In 2017, Couche-Tard completed its acquisition of CST Brands, adding stores formerly owned by Valero Energy, and a portion of the Ultramar chain in Canada to Circle K (with the latter also switching fuel suppliers to Irving).
Did Circle K get bought out?
In 2003, Circle K was acquired by Alimentation Couche-Tard and has developed into a global brand represented in over 20 countries. Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service.
What company owns Valero?
Valero Energy CorporationIt is owned and operated by Valero Energy Corporation (Valero), which is based in the US. Valero owns two small oil refineries in Corpus Christi. They are operated together under the name of Valero Bill Greehey Refinery.
What company owns Circle K?
Alimentation Couche-TardA Presence We're Proud Of! Circle K Stores are owned by Alimentation Couche-Tard, the largest convenience store operator in Canada. We are recognized for our strong food service brands, Simply Great Coffee, and of course our icy cold, flavour abundant Frosters.
What is the biggest convenience store chain?
7-Eleven Inc.Top 202 Convenience Stores 2020RankChain NameNo. of Stores17-Eleven Inc.95192Alimentation Couche-Tard Inc.71423Speedway LLC38544Casey's General Stores Inc.223046 more rows
Who is the owner of 7 Eleven?
Seven & I HoldingsSEVEN-ELEVEN JAPAN CO., LTD.7-Eleven/Parent organizations
Is Valero Russian gas?
The city's largest publicly-traded company, Valero Energy Corp., imports much of its crude oil from Russia.Mar 10, 2022
Did Valero buy Texaco?
US OIL group Valero Energy will acquire Chevron's chain of Texaco stations in Ireland and Britain and a refinery in Wales in a $1.73 billion (€1.25 billion) deal that gives the US refiner its first foothold in Europe.Mar 12, 2011
Who is the CEO of Valero?
Joseph W. Gorder (May 1, 2014–)Valero Energy / CEO
Is Circle K privately owned?
Today, Circle K is a private company based in Tempe. Its parent company since 2003 has been Alimentation Couche-Tard Inc., a Canadian company that owns more than 13,000 convenience stores across North America, Europe, Japan, China and Indonesia.Nov 2, 2015
Who bought out holiday gas stations?
Couche-TardIn its latest transaction, Couche-Tard acquired the Gas Stop Holiday fuel stations and convenience stores, which were owned by Tom and Melissa Howes, according to SiouxFalls. Business. The transaction included all 17 Gas Stop Holiday locations owned by the Howeses in South Dakota and Minnesota.Jan 27, 2020
Does Circle K have a stock?
Founded in 1951 in El Paso, Texas, the company filed for bankruptcy protection in 1990 and went through several owners, before being acquired by its current owner, Alimentation Couche-Tard, in 2003....Circle K Stocks Recent News.DateStockTitleApr 6CASYHere's Why Casey's General Stores (CASY) is a Strong Growth Stock3 more rows
What color is Circle K?
A $4.4 billion buyout involving a convenience store giant in Canada means the local Valero Corner Store locations will become Circle K outlets in the near future, with a color scheme of red, white and orange. The buyer, Couche-Tard, plans no changes in the management or staffing of the stores.
What brands of fuel are sold at Circle K?
Other brands of fuel sold at Circle K stores include Valero, BP, Exxon, Marathon, Irving, Mobil, and Phillips 66. A small number of stores do not sell gasoline.
Where is Circle K located?
But Circle K now belongs to Alimentation Couche-Tard Inc., based in Quebec, Canada, which wants to make its presence felt in the Sun Belt of the United States, especially Texas.
When did Circle K start?
Circle K can trace its roots to 1951, when Fred Harvey bought three Kay’s Food Stores in El Paso, then shortly thereafter spread into New Mexico and Arizona.
How many Valero stores are there in Waco?
A total of seven Valero Corner Store locations do business in Greater Waco, and all reportedly will become Circle K stores.
Where did Circle K start?
By the way, Circle K stores got their start right here in El Paso, when Fred Hervey bought three local food stores and then began expanding into New Mexico and Arizona.
When did Couche Tard buy Circle K?
Couche-Tard, which now operates about 15,000 convenience stores around the world, bought Circle K in 2003.
Did Couche Tard get rid of Valero employees?
Media reports at the time said Couche-Tard didn't plan to get rid of any workers at Valero stores, they'd simply become Circle K employees.
