Alimentation Couche-Tard to acquire True Blue Car Wash.

Alimentation Couche-Tard, a Canadian multinational operator of convenience stores, agreed to acquire True Blue Car Wash, which operates express tunnel car wash sites under the Clean Freak brand in the American Southwest as well as the Rainstorm brand in the American Midwest. Financial terms were not disclosed. "We are committed to leading and innovating in fast-growing segments that meet our customers' needs. With True Blue, we have a great opportunity to extend our brands into a very attractive industry subcategory in a way that complements our convenience and mobility offerings and enhances value for our customers. Adding True Blue's high-quality car wash sites to our family presents compelling opportunities to cross-promote and build loyalty and engagement for both customers and our team members. We are looking forward to having its talented team join us in our efforts to shape the future of convenience," Brian Hannasch, Alimentation Couche-Tard President and CEO.