Crossamerica Partners Lp · NYSE:CAPL
Crossamerica Partners Lp — Merger or Acquisition (August 2016)
6 slides from Crossamerica Partners Lp's merger presentation, Aug 22, 2016
Slide 1: CST Merger with Couche-Tard August 2016
CST Merger with Couche-Tard August 2016
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements contained in this presentation that state the Partnership’s or management’s expectations or predictions of the future are forward-looking statements. The words “believe,” “expect,” “should,” “intends,” “estimates,” “target” and other similar expressions identify forw
Slide 3: Overview of Parties
Overview of Parties • Alimentation Couche-Tard Inc. (“Couche- Tard”) • Based in Laval, Quebec, Canada • Largest independent convenience store operator in North America in terms of company-operated stores – 7,888 convenience stores, including 6,490 with road transportation fuel dispensing – 80,000 pe
Slide 4: Transaction Overview
Transaction Overview 4 Operating Subsidiaries 56% Limited Partner Interest CrossAmerica Partners LP NYSE: CAPL Public Unitholders Joseph Topper & Affiliates Circle K Stores Inc. Former CST Canadian Operations* Former CST US Operations CrossAmerica General Partner Alimentation Couche-Tard Inc. TSX: A
Slide 5: Strategic Benefit to CAPL
Strategic Benefit to CAPL • Provides continuity with a sponsor whose management culture is aligned with CrossAmerica – Disciplined operator with best practices in acquisitions and integration – Strong and consistent financial performance throughout all economic cycles – Heightened focus on growing F
Slide 6: Combined Wholesale
Combined Wholesale 6 West Coast Region Couche-Tard CrossAmerica CODO 98 0 DODO 224 0 Arizona Region Couche-Tard CrossAmerica CODO 0 0 DODO 0 1 Southwest Region Couche-Tard CrossAmerica CODO 2 22 DODO 94 16 Gulf Region Couche-Tard CrossAmerica CODO 1 44 DODO 51 7 Southeast Region Couche-Tard CrossAme
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