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September 03, 2015 2:03 AM ET

Food and Staples Retailing

Company Overview of Circle K Stores, Inc.

Company Overview

Circle K Stores, Inc., doing business as Circle K Store, owns, operates, and franchises a network of convenience stores across the United States, Japan, Mexico, China, Guam, and other countries. Its stores offer beverages, coffee, beer, snacks, candies, gift cards, and general products, as well as supplier branded fuels. Circle K Stores, Inc. was founded in 1951 and is headquartered in Tempe, Arizona. As of December 17, 2003, Circle K Stores, Inc. operates as a subsidiary of Alimentation Couche-Tard Inc.

1130 West Warner Road

Building B

Tempe, AZ 85284-2816

United States

Founded in 1951

10,875 Employees

Phone:

602-728-8000

Fax:

602-728-5205

Key Executives for Circle K Stores, Inc.

Circle K Stores, Inc. does not have any Key Executives recorded.

Circle K Stores, Inc. Key Developments

Circle K Stores, Inc. Signs Agreement to Convert "Extra" Branded Stores in Mexico Under the Circle K Banner

Alimentation Couche-Tard Inc. announced that it has signed, through Circle K Stores Inc., an agreement with Comercializadora Círculo CCK, S.A. DE C.V., to rebrand over 700 of CCK's already existing Extra convenience stores located throughout Mexico to the Circle K brand by August 2017. CCK has been the master licensee operating under the banner Circle K in Mexico since 2005 and operates or sublicenses over 275 Circle K stores there. These stores will offer Circle K's marketing programs, including Polar Pop®, Froster® and Circle K Premium Coffee®. Under this agreement, the number of Circle K stores in Mexico will grow to 1,100 by August 2017 and minimum 2,400 by 2030.

Circle K Stores Inc. to Acquire 21 Stores, 151 Dealer Fuel Supply Agreements and Five Development Properties

Alimentation Couche-Tard Inc. announced that it has signed, through its wholly-owned indirect subsidiary, Circle K Stores Inc., an agreement with Cinco J, Inc. (doing business as Johnson Oil Company), Tiger Tote Food Stores and their affiliates to acquire 21 stores, 151 dealer fuel supply agreements and five development properties. The 21 stores and development properties are located in the State of Texas whereas the 151 dealer fuel supply agreements are located in the States of Texas, Mississippi and Louisiana. The transaction is anticipated to close by the end of Couche-Tard's first fiscal quarter which ends July 19, 2015, and is subject to standard regulatory approvals and closing conditions. The parties have signed a confidentiality agreement precluding the parties from disclosing the purchase price for this acquisition at this time. Available cash dollars will pay for the transaction.

Bebida Beverage Company Announces Partnership with Circle K Stores

Bebida Beverage Company, (BeBevCo), announced the company's product, KOMA Unwind Liquid Relaxation(r), its KOMA Unwind shots and Relax 5 shots will soon be available in Circle K. In the coming months, KOMA Unwind Liquid Relaxation(r) featuring newly packaged KOMA Unwind regular and zero drinks, will be finding a new home in nearly 300 Circle K stores across Alabama, Georgia, North Carolina and South Carolina. For those craving a quick sense of relaxation, the KOMA Unwind shots and Relax 5 shots will be available in the coming weeks across 400 or more additional retail stores spreading across the Midwest, including the states of Illinois, Indiana, Iowa, Kentucky and Missouri.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 16, 2015
Cinco J, Inc., 21 Stores, 151 Dealer Fuel Supply Agreements and Five Development Properties
 

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