Skip to content
Subscriber Only

Couche-Tard Surging as More Acquisitions Seen: Corporate Canada

Alimentation Couche-Tard Inc. is outperforming other retailers as investors wager the Canadian convenience-store operator is gearing up for more acquisitions after absorbing its latest billion-dollar purchase.

Couche-Tard surged 63 percent in the year through yesterday, more than 10 other global competitors, data compiled by Bloomberg show. The Laval, Quebec-based company is one of only two stocks in the Standard & Poor’s/TSX Composite Index to post 15 straight years of rising sales, boosted by its $2.6 billion deal for Norway’s Statoil Fuel & Retail ASA two years ago, according to the data.