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Becker Milk Co Ltd BCKMF


Primary Symbol: T.BEK.B

The Becker Milk Company Limited is a Canada-based company, which is engaged in the ownership and management of retail commercial properties in Ontario, Canada. The Company primarily leases retail stores with a few residential sites. The Company owns and manages approximately 38 commercial properties in various southern Ontario communities. Its properties are single store sites with a few multi-store plazas, including one residential unit above a retail commercial store. The Company has leased to third parties 51 retail units, 36 of which were leased to Mac’s Convenience Stores Inc. operating under their Mac’s Convenience Stores brand (two stores) or their Circle K Stores brand (34 stores). The remaining 15 retail units and one residential unit were leased to other tenants.


TSX:BEK.B - Post by User

Comment by Lawyerupon Sep 13, 2021 5:25pm
208 Views
Post# 33852790

RE:RE:RE:RE:Mac's is a subsidiary of Alimentation Couche-Tard,

RE:RE:RE:RE:Mac's is a subsidiary of Alimentation Couche-Tard,Yup I agree what Becker wants for their stores is peanuts for a large corporation like Couche-Tarde.  I know 711 is also expanding stores across Canada and the US.  I am not sure why Becker has not approached 711 as a potential buyer but then again maybe they have for all I know.  It looks like the negotiation with Couche-Tarde has not got to the lawyer level yet.  Couche-Tarde must also be aware that if Becker is sold they might be in a more difficult negotiation with another player.  Anyway the dividends continue to roll in.  Cheers Charlie.
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