Alimentation Couche-Tard Inc. operates convenience stores in North America. The company sells food and beverage items, motor fuel, and other products and services. Store Network As of April 25, 2010, the company’s network consisted of 5,878 convenience stores, 4,146 of which include motor fuel dispensing, located in 11 geographic markets, including 3 in Canada covering all provinces and 8 in the United States covering 43 American states and the District of Columbia. In Canada, the company’s stores are primarily operated under the Couche-Tard brand in the Province of Quebec; under the Mac’s brand in central and western Canada; and under the Circle K brand in the Atlantic Provinces. In the United States, the stores are primarily operated under the Circle K brand. Internationally, the company, through the acquisition of Circle K, has license agreements for the operation and development of stores in Japan, Hong Kong, China, Vietnam, Indonesia, Guam, Macao, and Mexico. Merchandise Operations The company offers its customers approximately 3,200 products that include traditional convenience store items, such as tobacco products, beer/wine, frozen beverages, candy and snacks, coffee, dairy items, as well as fresh food and foodservice. In addition, services, such as automatic teller machines, lottery ticket sales, cell phones, prepaid phone cards, and financial services are featured in its stores. Fuel Operations The company sells motor fuel either under its own brands, including Couche-Tard and Mac’s in Canada and Circle K in the United States, or under the name of major oil companies, such as Shell, 76, BP, Marathon, Conoco, Irving, Esso, Petro-Canada, and Ultramar. Suppliers The company’s supplier includes Core-Mark International Inc. Significant Events In April 2010, the company purchased eight company-operated stores in central North Carolina, United-States from Accel Marketing LLC. In February 2010, the company acquired from BP West Coast Products LLC their terminal facilities located in Phoenix, Arizona in the United States. The terminal facilities include 16 storage tanks with a storage capacity of 220,000 barrels. The terminal is approved for 44,000 barrels per day and has access to petroleum products from refineries on the West Coast and in the Gulf Coast region of the United States. In January 2010, through its joint venture with Shell Oil Products US (Shell), RDK Ventures LLC (RDK), the company participated in the acquisition of 100 stores owned by Shell, 69 of which are company-operated and the remaining 31 stores are operated by third party operators. In May 2009, the company purchased 43 company-operated stores in the Phoenix, Arizona region, United-States from ExxonMobil Corporation. In August 2012, Alimentation Couche-Tard Inc. has signed, through Circle K Stores Inc., an agreement to acquire 29 stores in Orlando, Florida from Florida Oil Holdings, LLC. History The company was founded in 1988. It was formerly known as Actidev Inc. and changed its name to Alimentation Couche-Tard Inc. in 1994.
alimentation couche-tard -b
(ATD/B:Toronto Stock Exchange)
4204 Industriel Boulevard
Laval, QC H7L 0E3
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