Couche-Tard Acquires 28 Stores in Ohio

    ATD.A, ATD.B / TSX

    LAVAL, QC, March 23 /CNW Telbec/ - Alimentation Couche-Tard Inc.
announces that it has signed, through its subsidiary Mac's Convenience Stores
LLC, an agreement to acquire 28 stores in northwest Ohio from Sterling Stores,
LLC. Should the transaction close as anticipated in May 2007, these assets
would add sales to Couche-Tard's revenues and contribute to its earnings on an
annualized basis. Sterling's total 2006 sales for the subject stores were
approximately US $ 170 Million. The transaction is subject to standard
regulatory approvals and closing conditions. According to a confidentiality
agreement, the purchase price cannot be disclosed at this time. Internal
available cash dollars will pay for the transaction.
    The 28 convenience stores currently operate under the Sterling banner and
are all company-operated. Twenty-four of the stores sell unbranded gasoline
and the remaining four locations sell BP branded fuel. The stores would be
converted to the Circle K(R) banner and would be operated by the Circle K
Great Lakes division. The unbranded fuel would be sold under the Circle K(R)
brand and the BP gasoline brand would remain unchanged. Pursuant to this
transaction, the company would buy the land and buildings for 26 locations and
would purchase the buildings and assume the third-party land leases for the
other two locations. According to the agreement, a long-term land lease would
be in place for one of the latter properties while the other lease agreement
contains a purchase option.
    "Subsequent to this transaction, our network in the Circle K Great Lakes
division would include a total of 302 company-operated stores. The 28 stores
are located on highly visible and well-traveled roads and occupy strategic
locations within their respective trade areas. In addition, these sites are
well operated and have a strong management team in place. Strategically, this
acquisition would be an excellent fit with our network and would complement
our expansion and growth plans for the Great Lakes division," indicated Paul
Rodriguez, Vice-President Operations, Great Lakes Division.


    Alimentation Couche-Tard Inc. is the leader in the Canadian convenience
store industry. In North America, Couche-Tard is the second largest
independent convenience store operator (whether integrated or not with a
petroleum company) in terms of number of stores. Couche-Tard currently
operates a network of 5,360 convenience stores, 3,308 of which include motor
fuel dispensing, located in nine large geographic markets, including six in
the United States covering 27 States and three in Canada covering six
provinces. Some 39,500 people are employed throughout Couche-Tard's retail
convenience network and executive offices.

    The statements set for the in this press release, which describes
Couche-Tard's objectives, projections, estimates, expectations or forecasts,
may constitute forward-looking statements within the meaning of securities
legislation. Positive or negative verbs such as "plan", "evaluate",
"estimate", "believe", "expect" and other related expressions are used to
identify such statements. Couche-Tard would like to point out that, by their
very natures, forward-looking statements involve risks and uncertainties such
that its results, or the measures it adopts, could differ materially from
those indicated or underlying these statements, or could have an impact on the
degree of realization of a particular projections. Major factors that may lead
to a material difference between Couche-Tard's actual results and the
projections or expectations set forth in the forward-looking statements
include the effects of the integration of acquired businesses and the ability
to achieve projected synergies, fluctuations in margins on motor fuel sales,
competition in the convenience store and retail motor fuel industries,
exchange rate variations, and such other risks as described in detail from
time to time in the reports filed by Couche-Tard with securities authorities
in Canada and the United States. Unless otherwise required by applicable
securities laws, Couche-Tard disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise. The forward-looking information in
this release is based on information available as of the date of the release.

For further information:

For further information: Richard Fortin, Executive Vice-President and
Chief Financial Officer, (450) 662-3272; Paul Rodriguez, Vice-President
Operations, Great Lakes, (812) 379-9227, (ext. 1016),,

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