Western Grocer Serving the industry since 1916
Laval, Québec, Canada – August 29, 2016 – Alimentation Couche-Tard Inc. (“Couche-Tard”) (TSX: ATD.A/ATD.B) announces today that it has signed, through its wholly-owned indirect subsidiary Circle K Stores Inc., an agreement to purchase 53 sites held by American General Investments, LLC and North American Financial Group, LLC (together, “Cracker Barrel”). These sites are located primarily in the Baton Rouge market in Louisiana. The transaction is anticipated to close in the third quarter of Couche-Tard’s fiscal year 2017 and is subject to the standard regulatory approvals and closing conditions. The acquisition will be financed from Couche-Tard’s available cash and existing credit facilities. The parties have agreed not to disclose the purchase price for this acquisition.
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