Central Alberta Co-op is expanding with the addition of Husky retail gas bar sites.
In November 2021, Federated Co-operatives Limited announced that it had entered into an agreement on behalf of Western Canadian Co-operatives to purchase 171 Husky gas station sites from Cenovus, pending a Competition Bureau review.
On Thursday, it was announced that the review was complete and that six new sites will join Central Alberta Co-op on September 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 transferred to Central Alberta Co-op or independent Co-op branded locations, which is expected to occur within the next 18 months. Some sites will remain independent dealer sites and we will be their fuel supplier.
“This investment demonstrates the continued commitment to Co-op members and customers and will allow Central Alberta Co-op to provide even better service and support to the local communities we serve,” said Rodney Perigny. , CEO of Central Alberta Co-op.
“We do not anticipate any significant changes or impacts to our customers and members in the near future, but we will keep you updated as this transition unfolds. We are pleased to make this investment in our community and in the long-term future of our cooperative.
Three of the six sites purchased are in Red Deer, two in Lacombe and one in Red Deer County.
More information on the purchase can be found at www.centralalbertaco-op.crs.