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The Canada Press

Shell Canada sells 250 Gas Stations

Sobeys buys Shell gas stations in Atlantic Canada, Que.

The Canadian Press:  Thu Dec. 15 2011 2:44:52 PM

STELLARTON, N.S. — The Sobeys grocery store chain is expanding its gasoline retailing business with the purchase of 250 gas stations in Atlantic Canada and Quebec from Shell Canada.

Canada’s second-biggest grocery chain already has gas bars at some of its Atlantic stores. However, this deal will give the company a strong presence in the Quebec market as well, Sobeys’ parent company Empire Company Ltd. (TSX:EMP.A) said Thursday.

“This is an exciting opportunity for us to grow our existing retail gas operations while leveraging our significant wholesale and convenience business to better serve our customers and support our affiliates and dealer operations,” Sobeys president and chief executive Bill McEwan said. read more

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