Announced

Alimentation Couche-Tard to acquire GetGo Café + Markets from Giant Eagle.

Synopsis

Alimentation Couche-Tard, an operator of a network of 24-hour convenience stores, agreed to acquire GetGo Café + Markets, an food-first convenience store chain, from Giant Eagle, an American supermarket chain. Financial terms were not disclosed. "We are energized by the potential for both Giant Eagle and GetGo as a result of this transaction. This enhances our focus on our core supermarket and pharmacy businesses, strengthening Giant Eagle and better enabling us to make strategic investments in our people, stores, and value proposition while matching GetGo with the perfect partner in Couche-Tard. Their depth of experience in convenience stores and fuel will create tremendous opportunities for our team members and customers, and we look forward to partnering with them on the myPerks loyalty program," Bill Artman, Giant Eagle CEO.

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