Calgary-based Parkland Corp. is placing 157 comfort retailer and gas station areas throughout six provinces up on the market.
Many of the stations are in Quebec and Ontario, with the steadiness in Alberta, British Columbia, Manitoba and Saskatchewan.
The corporate says the belongings up on the market embody areas below the Chevron, Ultramar, Pioneer and FasGas manufacturers in addition to the On the Run comfort retailer banner.
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The corporate says the retail and gas areas will likely be packaged with long-term Parkland gas provide agreements.
Francis Lapointe, Parkland’s vice-president of Canadian retail operations, says the choice to promote the belongings is a part of the corporate’s ongoing community planning and optimization course of.
The sale comes as the corporate faces calls from New York-based activist investor Engine Capital LP for an entire board overhaul on the firm.
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