Montreal, May 2, 2017 - Crevier Group, a third-generation Quebec-based family business and Canadian leader in energy distribution and industrial lubricants, is proud to announce the acquisition, by one of its subsidiaries, of the Gaz-O-Bar service station network, one of the largest independent oil networks in Eastern Quebec.
This agreement reflects the Group’s desire to expand its commercial activities in Canada and to consolidate its leading position in Quebec, especially in the Lower St. Lawrence and Gaspé regions where it has been doing business for nearly 25 years.
“We are excited to welcome 33 new service stations to our large distribution network and enhance our service in a region that is particularly close to our hearts and with which we have maintained close business ties for 25 years,” said Jean-François Crevier, president of the Crevier Group. “This is even more exciting, as we share common values with Gaz-O-Bar, such as integrity and commitment to the community.”
“It was very important for Gaz-O-Bar and the community to find a reliable, growing partner who shares the same values and who will ensure the network’s future and further development. Crevier Group is a Quebec family business with a rich history and an excellent reputation in the industry, both here and elsewhere in Canada. We could not find a better business partner for our organization’s future and our region’s economy,” said Bernard Côté, President of the Gaz-O-Bar Group.
Gaz-O-Bar’s retail segment includes card-based supply sites (trucks) and corporate and affiliated sites. Gaz-O-Bar will continue to ensure management of service station convenience stores in Trois-Pistoles, Rivière-du-Loup, Dégelis, Rimouski, Pointe-au-Père, Matane and Mont-Saint-Hilaire, and will continue its other commercial activities, including distribution of heating oil and transportation of petroleum products.
The current Gaz-O-Bar network mainly covers the Lower St. Lawrence and Gaspé regions. A comprehensive network analysis will be conducted over the next few months to determine branding, positioning and investment strategies to maximize synergies from this acquisition. Some sites will be converted to Crevier, while others will retain the Gaz-O-Bar brand.
About the Crevier Group
Founded in 1945 by Émile Crevier, the company began by primarily retailing heating oil. Today, the Crevier Group distributes oil to nearly 220 service stations in Canada. The company is also a distributor of petroleum products for commercial customers through its wholesale and aviation fuel divisions. The Crevier Group is also involved in the distribution of lubricating products such as oils, greases, fluids, and related products, such as windshield washer fluid. Past acquisitions have allowed the company to distribute its lubricant products to nearly 4,000 customers, in seven provinces, from coast to coast.
Founded in 1972 by Adrien Côté and owned by his son Bernard since 1993, this family business has been one of the largest independent oil networks in the Lower St. Lawrence and Gaspé regions for 45 years. Today, the Gaz-O-Bar Group focuses on the distribution and transportation of bulk petroleum products to commercial, institutional and industrial customers. The company has more than 70 employees and operates a fleet of tank trucks and tractor trailers, as well as two distribution centres for heating oil and other petroleum products (gasoline, diesel and stove) in Trois-Pistoles and Rimouski.
Source: Crevier Group and Gaz-O-Bar
For more information:
514 331-2951, poste 139
418 851-2224, poste 102