Central Alberta Co-op is growing with the addition of Husky retail gas bar sites.
In November 2021, Federated Co-operatives Limited announced it had entered into an agreement on behalf of Co-ops across Western Canada to purchase 171 Husky retail gas bar sites from Cenovus, pending a Competition Bureau review.
On Thursday, it was announced the review has completed its review and six new sites will be joining Central Alberta Co-op on Sept. 13, when the deal is expected to close.
These locations include a mix of gas bars, car washes and convenience stores – they will continue to operate under the Husky brand for the time being.
These locations could be transitioned to Central Alberta Co-op or independent Co-op brand locations, which is expected to take place within the next 18 months. Some of the locations will remain independent re-seller locations and we will be their fuel supplier.
“This investment demonstrates the ongoing commitment to Co-op members and customers and will enable Central Alberta Co-op to deliver even better service and support to the local communities we serve,” said Rodney Perigny, Central Alberta Co-op CEO.
“We don’t anticipate significant changes or impacts to our customers and members in the near future, but we will keep you updated as this transition takes place. We are pleased to make this investment in our community and the long-term future of our Co-op.”
Three of the six purchased sites are in Red Deer, two are in Lacombe and the other is in Red Deer County.
More information on the purchase can be found at www.centralalbertaco-op.crs.
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