Mergers & Acquisitions

Alimentation Couche-Tard Selling More Stores

Retailer has added 21 sites in 10 states to sale
circle k
Photograph: Shutterstock

Alimentation Couche-Tard Inc. has added 21 convenience stores with fuel in 10 states to the sale, announced in September, of 68 Circle K sites across 21 states.

The original sale had site concentrations in Indiana and Ohio, among other markets. The new stores are mostly in Florida and Alabama, as well as Arizona, Louisiana, Mississippi, North Carolina, Ohio, South Carolina, Texas and Virginia.

The company engaged NRC Realty & Capital Advisors LLC (NRC) to coordinate and manage the marketing and sale of all of the sites. The original offering is NRC’s third sale for Circle K in the last three years.

The bid deadline for the additional stores has been set for Jan. 16, 2024. Interested parties may get store locations and additional information on the NRC website at www.nrc.com/2303 or by calling NRC at (800) 747-3342, ext. 2303.

Chicago-based NRC provides real estate and financial advisory services to the c-store and petroleum industries in North America. Those services include portfolio evaluation and analysis; portfolio and single-site store sales and merger-and-acquisition (M&A) advisory services.

  • Alimentation Couche-Tard is No. 2 on CSP’s 2023 Top 202 list of convenience-store chains by store count.

Circle K is a retail brand of Alimentation Couche-Tard, Laval, Quebec. Couche-Tard operates in 25 countries and territories, with more than 14,400 c-stores, including more than 7,000 in the United States.

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