Couche-Tard to Purchase Topaz

The Irish convenience store chain was named the NACS Insight 2015 International Convenience Retailer of the Year Award for its Re.Store convenience forecourt concept.

December 03, 2015

DUBLIN – Irish convenience store chain Topaz will be bought by retail giant Couche-Tard, The Independent reports. Details of the purchase have not been publicly disclosed, although the deal is expected to be completed in the spring of 2016.

Topaz operates more than 330 locations in Ireland, which makes it that country’s top fuel and convenience brand. The chain received the NACS Insight 2015 International Convenience Retailer of the Year Award for its Re.Store concept. Topaz also recently launched a new fresh, urban food concept called Rockets, which will eventually be at 40 locations over a seven-year period.

The news of the pending sale comes on the heels of Topaz’s takeover of Esso stations. Owned by Denis O’Brien, Topaz currently employs 2,000 workers at its locations.

“Couche-Tard is one of the strongest names in retail in the world and their presence in Ireland will transform the retail sector here,” said Emmet O’Neill, CEO of Topaz. “I am thrilled that they have chosen Topaz as the foundation for their entry to the Irish market. They will bring enormous skill, energy and resources to this business and this market.”

Insight managing director, Dan Munford, recently talked to O’Neill at the company’s Dealers’ Summit about the expanding Irish forecourt business. Watch the exclusive interview.

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