Metro Canada Holdings Inc. to sell majority of its holding in Alimentation Couche-Tard Inc.

Montreal, 2017-Oct-13 — /EPR Retail News/ — Metro Inc. (Metro) (TSX : MRU) announces today ( October 11, 2017 ) that it and its wholly-owned subsidiary, Metro Canada Holdings Inc. (Metro Holdings), have entered into three separate agreements to realize the value of the majority of its holding in Alimentation Couche-Tard Inc. (Couche-Tard) (TSX: ATD:A; TSX: ATD:B).

Metro Holdings has agreed to sell to dealers led by National Bank Financial Inc. and BMO Capital Markets, as bookrunners, by way of a bloc trade bought deal, a total of 11,369,599 Class B Subordinate Voting Shares of Couche-Tard at a price per share of $57.17, for proceeds of approximately $650 million. These shares represent approximately 2.7% of the outstanding Class B Subordinate Voting Shares of Couche-Tard and approximately 2.0% when combined with the Class A Multiple Voting Shares of Couche-Tard. This sale will be preceded by the conversion of 11,369,599 Class A Multiple Voting Shares of Couche-Tard currently held by Metro Holdings into Class B Subordinate Voting Shares, in accordance with Couche-Tard’s articles.

Metro Holdings has also agreed to sell to CDP Investissements Inc. et CDPQ Marchés Boursiers Inc., two wholly-owned subsidiaries of Caisse de dépôt et placements du Québec, by way of a private agreement, a total of 11,369,599 Class A Multiple Voting Shares of Couche-Tard at a price per share of $57.17, for proceeds of approximately $650 million. These shares represent approximately 7.7% of the outstanding Class A Multiple Voting Shares of Couche-Tard and approximately 2.0% when combined with the Class B Subordinate Voting Shares of Couche-Tard.

The completion of the sales with the dealers and Caisse de dépôt et placements du Québec’s subsidiaries will occur within the next 2 business days. As a result of such sales, Metro and Metro Holdings will no longer be parties to the shareholders’ agreement relating to Couche-Tard.

Metro Holdings has also entered into a private agreement with Couche-Tard for the repurchase for cancellation of 4,372,923 Class B Subordinate Voting Shares of Couche-Tard, at a price per share of $57.17, for proceeds of approximately $250 million. These shares represent approximately 1.0% of the outstanding Class B Subordinate Voting Shares of Couche-Tard and approximately 0.8% when combined with the Class A Multiple Voting Shares of Couche-Tard. The completion of this sale will occur on or before November 7, 2017 and is conditional upon Couche-Tard obtaining from the Autorité des marchés financiers of Quebec, on or prior to such date, an order exempting Metro Holdings from the requirements of Part 2 of Regulation 62-104 respecting Take-Over Bids and Issuer Bids. This sale will be preceded by the conversion of 4,372,923 Class A Multiple Voting Shares of Couche-Tard currently held by Metro Holdings into Class B Subordinate Voting Shares, in accordance with Couche-Tard’s articles.

Following the sales with the dealers and Caisse de dépôt et placements du Québec’s subsidiaries and the repurchase by Couche-Tard, Metro Holdings will remain the beneficial owner of 5,114,923 Class A Multiple Voting Shares in the capital of Couche-Tard, representing approximately 3.9% of all issued and outstanding Class A Multiple Voting Shares in the capital of Couche-Tard and approximately 0.9% when combined with the issued and outstanding Class B Subordinate Voting Shares of Couche-Tard.

The after tax net proceeds will be used to finance the previously announced business combination with Le Groupe Jean Coutu (PJC) Inc. (Jean Coutu) and to reduce Metro’s committed bank facilities.

Metro Inc.

With annual sales of over $12 billion, METRO INC. (TSX: MRU), founded in 1947, is the only major Canadian food distribution company to have its head office in Quebec. Along with its affiliates and franchisees, METRO INC. employs in Quebec and Ontario over 65,000 people, whose mission is to exceed their customers’ expectations every day to earn their-long term loyalty. METRO INC. operates a network of almost 600 food stores under several banners including Metro, Metro Plus, Super C and Food Basics, as well as over 250 drugstores under the Brunet, Metro Pharmacy and Drug Basics banners.

FORWARD-LOOKING INFORMATION

We have used, throughout this press release, different statements that could, under regulations issued by the Canadian Securities Administrators, be construed as being forward-looking information. In general, any statement contained herein, which does not constitute a historical fact, may be deemed a forward-looking statement. Expressions such as “conditional”, “will” and other similar expressions are generally indicative of forward-looking statements.

These forward-looking statements do not provide any guarantees as to the future performance of the Corporation and are subject to potential risks, known and unknown, as well as uncertainties that could cause the outcome to differ significantly. An economic slowdown or recession, or the arrival of a new competitor, are examples described under the “Risk Management” section of the 2016 Annual Report which could have an impact on these statements. We believe these statements to be reasonable and pertinent as at the date of publication of this press release and represent our expectations. The Corporation does not intend to update any forward-looking statement contained herein, except as required by applicable law.

For further information:

François Thibault
Executive Vice-President, Chief Financial Officer and Treasurer
fthibault@metro.ca
514 643-1003

Source: METRO INC.

Media invitation: Alimentation Couche-Tard Inc. to hold its Shareholders’ Annual Meeting on September 20, 2016

Laval (Québec) Canada, 2016-Sep-18 — /EPR Retail News/ — Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B) is pleased to invite representatives of the media to its Shareholders’ Annual Meeting to be held on Tuesday, September 20, 2016 at 1:30 p.m. at the Sheraton Laval hotel (Room Laval 2) located at 2440, Autoroute des Laurentides, Laval.

Journalists who wish to attend are asked to go to the press table, before proceeding to the room for the meeting.

Please note that the use of photographic, recording or television equipment will not be allowed, except for a five-minute period before the meeting.

After the meeting, members of Couche-Tard’s senior management will meet with the media.

About Alimentation Couche-Tard Inc.
Couche-Tard is the leader in the Canadian convenience store industry. In the United States, it is the largest independent convenience store operator in terms of number of company-operated stores. In Europe, Couche-Tard is a leader in convenience store and road transportation fuel retail in the Scandinavian countries (Norway, Sweden and Denmark), in the Baltic States (Estonia, Latvia and Lithuania) and in Ireland with an important presence in Poland.

As of July 17, 2016, Couche-Tard’s network comprised 7,863 convenience stores throughout North America, including 6,474 stores with road transportation fuel dispensing. Its North American network consists of 15 business units, including 11 in the United States covering 41 states and 4 in Canada covering all 10 provinces. Approximately 80,000 people are employed throughout its network and at its service offices in North America.

In Europe, Couche-Tard operates a broad retail network across Scandinavia, Ireland, Poland, the Baltics States and Russia through 10 business units. As of July 17, 2016, Couche-Tard’s network is comprised of 2,708 stores, the majority of which offer road transportation fuel and convenience products while the others are unmanned automated fuel sites which only offer road transportation fuel. Couche-Tard also offers other products, including stationary energy, marine fuel, aviation fuel, lubricants and chemicals. Including employees at its branded franchise stores, approximately 25,000 people work in its retail network, terminals and service offices across Europe.

In addition, under licensing agreements, more than 1,500 stores are operated under the Circle K banner in 13 other countries and territories worldwide (China, Costa Rica, Egypt, Guam, Honduras, Hong Kong, Indonesia, Macau, Malaysia, Mexico, the Philippines, the United Arab Emirates and Vietnam), which brings the total network to over 12,000 stores.

For more information on Alimentation Couche-Tard Inc., please visit: http://corpo.couche-tard.com

Forward-Looking Statements
The statements set forth in this press release, which describe 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 “will”, “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 nature, 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 projection. 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 documents filed by Couche-Tard with securities regulatory authorities in Canada. 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 press release is based on information available as of the date of the release.

Contacts:
Investor Relations:

Claude Tessier
Chief Financial Officer
Tel: (450) 662-6632, ext. 4407
investor.relations@couche-tard.com

Media Relations:
Karen Romer
Director Global Communications
Tel: (514) 603-4505 / +47 950 74 950
karen.romer@couche-tard.com

Source: Alimentation Couche-Tard Inc.

Alimentation Couche-Tard Inc. to acquire CST Brands, Inc.

Laval, Québec, Canada, 2016-Aug-23 — /EPR Retail News/ — Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B), (“Couche-Tard”), today (August 22, 2016) announces a definitive merger agreement with CST Brands, Inc. (NYSE: CST) (“CST”) under which Couche-Tard would acquire CST in an all-cash transaction for US $48.53 per share, with a total enterprise value of approximately US $4.4 billion including net debt assumed. The terms and conditions of the agreement were unanimously approved by the Boards of Directors of both companies.

CST is based in San Antonio, Texas and employs over 14,000 people at over 2,000 locations throughout the Southwestern United States with an important presence in Texas, in Georgia, in the U.S. Southeast Region, in the State of New York and Eastern Canada. CST also controls the general partner of Cross America Partners LP (NYSE: CAPL) (“CAPL”), owns 100% of its Incentive Distribution Rights and holds a significant equity investment in it. CAPL distributes branded and unbranded road transportation fuel to more than 1,100 locations in the United States.

The transaction price represents a premium of 42% to CST’s closing share price on March 3, 2016, the last trading day prior to CST announcing that it would explore and review its strategic alternatives to further enhance its stockholder value.

This all-cash transaction is expected to be financed by Couche-Tard’s available cash, existing credit facilities and a new term loan. The CST transaction is expected to close in early calendar year 2017 and is subject to the approval of CST’s stockholders and regulatory approvals in the United States and Canada.

Couche-Tard has also entered into an agreement with Parkland Fuel Corporation (TSX: PKI) pursuant to which it would sell certain Canadian assets of CST after the merger for approximately US$ 750 million. The assets in Canada that would be sold include a) CST’s Cardlock business, b) CST’s Dealer and Commission Agents business, c) CST’s Commercial and Home Energy business, d) a number of company-operated stores to be determined following the Competition Bureau of Canada’s review of the transaction and e) CST’s Montréal corporate head office. This transaction is subject to customary regulatory approval and closing conditions. Couche-Tard intends to use the proceeds from this sale to repay part of its credit facilities.

“We look forward to welcoming CST and CAPL to the Couche-Tard family” says Brian Hannasch, Couche-Tard’s President and Chief Executive Officer. “CST is an excellent company and is well positioned in the Southwestern United States with an important presence in Texas, Georgia, in the U.S. Southeast Region, New York and Eastern Canada. With this transaction we would strategically strengthen our positioning in both the “sun belt” and the east coast of North America. Our teams are looking forward to meeting CST customers and welcoming them into the CoucheTard family.”

“We are excited to share best practices with CST as well as to combine the capabilities of CST’s team with Couche-Tard’s, to enhance value for our stockholders. We strongly believe that our all-cash offer is a compelling one for CST’s stockholders, giving them the opportunity to realize full and immediate value for their investment,” says Brian Hannasch.

Alain Bouchard, Founder and Executive Chairman of the Board of Directors, Couche-Tard says, “I have always thought that in our industry ‘size matters’, whether that be for purchasing, logistics, best practices or for becoming famous for our product categories. The addition of CST’s exceptional people and its strategic assets takes us one step further towards all these goals. I look forward to welcoming the CST and CAPL teams onboard into our growing company.”

Upon completion of the transaction, Couche-Tard would establish a new business unit in San Antonio with attached shared services operations.

Faegre Baker Daniels LLP and Davies Ward Phillips & Vineberg are acting as legal advisors to Couche-Tard. Morgan Stanley & Co. LLC and National Bank Financial advised Couche-Tard in connection with the transaction.

INVITATION TO CONFERENCE CALLS AND WEBCAST FOR ANALYSTS AND MEDIA REPRESENTATIVES – AUGUST 22, 2016

Alimentation Couche-Tard Inc. invites analysts and media representatives to two separate conference calls in which representatives of Couche-Tard’s management team will participate.

An investor presentation will be available on http://corpo.couche-tard.com.

For analysts: There will be a conference call for analysts only that will take place today, starting at 8:30 a.m. (EDT) promptly. Analysts will need to contact CNW at one of the following numbers: (866) 865-3087, (514) 807-9895 or (647) 427-7450, conference number 69750702# and will need to identify themselves. Lines will be available 30 minutes in advance to allow them to register. Participants will not be able to join the call after it has started. The session will be taped and the recording will be made available on http://corpo.couche-tard.com for a 30-day period.

For media representatives: There will be a conference call and a webcast for media representatives only that will take place today, starting at 11:00 a.m. (EDT) promptly. Media representatives will need to contact CNW at one of the following numbers: (866) 865-3087, (514) 807-9895 or (647) 427-7450, conference number 69746602# and will need to identify themselves. Lines will be available 30 minutes in advance to allow them to register. Participants will not be able to join the call after it has started. A live audio webcast of the conference call will be available through the following link: webcast.

About Alimentation Couche-Tard Inc.
Couche-Tard is the leader in the Canadian convenience store industry. In the United States, it is the largest independent convenience store operator in terms of number of company-operated stores. In Europe, Couche-Tard is a leader in convenience store and road transportation fuel retail in the Scandinavian countries (Norway, Sweden and Denmark), in the Baltic States (Estonia, Latvia and Lithuania, in Ireland and in Russia with an important presence in Poland.

As of April 24, 2016, Couche-Tard’s network comprised 7,888 convenience stores throughout North America, including 6,490 stores with road transportation fuel dispensing. Its North American network consists of 15 business units, including 11 in the United States covering 41 states and 4 in Canada covering all 10 provinces. Approximately 80,000 people are employed throughout its network and at its service offices in North America.

In Europe, Couche-Tard operates a broad retail network across Scandinavia, Ireland, Poland, the Baltics States and Russia through ten business units. As of April 24, 2016, Couche-Tard’s network is comprised of 2,659 stores, the majority of which offer road transportation fuel and convenience products while the others are unmanned automated fuel sites which only offer road transportation fuel. Couche-Tard also offers other products, including stationary energy, marine fuel, aviation fuel, lubricants and chemicals. Including employees at its branded franchise stores, approximately 25,000 people work in its retail network, terminals and service offices across Europe.

In addition, under licensing agreements, almost 1,500 stores are operated under the Circle K banner in 13 other countries and territories worldwide (China, Costa Rica, Egypt, Guam, Honduras, Hong Kong, Indonesia, Macau, Malaysia, Mexico, the Philippines, the United Arab Emirates and Vietnam), which brings the total network to over 12,000 stores.

For more information on Alimentation Couche-Tard Inc., please visit: http://corpo.couche-tard.com.

Additional Information and Where to Find It

This communication does not constitute a solicitation of any vote or approval. In connection with the proposed transaction, CST intends to file a proxy statement and other relevant documents concerning the proposed transaction with the U.S. Securities and Exchange Commission. CST will provide the full proxy statement to its stockholders. Investors and stockholders are urged to read the proxy statement and any other relevant documents filed with the SEC when they become available, as well as any amendments or supplements to those documents, because they will contain important information about the transaction. Investors and stockholders will be able to obtain a copy of the proxy statement as well as other filings containing information about CST free of charge at the SEC’s Web Site at http://www.sec.gov. In addition, the proxy statement, the SEC filings that will be incorporated by reference in the proxy statement and the other documents filed with the SEC by CST may be obtained free of charge from CST’s Investor Relations page on its corporate website at http://www.cstbrands.com.

CST and its directors, executive officers, and certain other members of management and employees may be deemed to be participants in the solicitation of proxies in favor of the proposed transaction from the stockholders of CST. Information about the directors and executive officers of CST is set forth in CST’s Annual Report on Form 10-K for the year ended December 31, 2015 and the proxy statement on Schedule 14A for CST’s 2016 Annual Meeting of Stockholders, which was filed with the SEC on April 29, 2016. Additional information regarding participants in the proxy solicitation may be obtained by reading the proxy statement regarding the proposed transaction when it becomes available.

Forward-Looking Statements

The statements set forth in this press release, which describe 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 “will”, “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 nature, 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 projection. 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 documents filed by Couche-Tard with securities regulatory authorities in Canada. 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 press release is based on information available as of the date of the release.

Contacts:

Investor Relations:
Claude Tessier
Chief Financial Officer
Tel: (450) 662-6632, ext. 4407
investor.relations@couche-tard.com

Media Relations:
Karen Romer
Director Global Communications
Tel: (514) 603-4505 / +47 950 74 950
karen.romer@couche-tard.com

Source: Couche-Tard

Alimentation Couche-Tard Inc. announces the appointment of Mr. Claude Tessier as its Chief Financial Officer

Laval, Québec, Canada, 2016-Jan-26 — /EPR Retail News/ — Alimentation Couche-Tard Inc. (“CoucheTard”) (TSX: ATD.A/ATD.B) announces today the appointment of Mr. Claude Tessier as its Chief Financial Officer, with effect from January 28, 2016. Mr. Tessier is a retail industry veteran and joins us from Canadian grocer Sobeys Inc., where he was President of the IGA Operations Business Unit.

“I am excited to join the Couche-Tard family. Couche-Tard is one of the true success stories of Québec,” says Mr. Tessier. “In addition to overseeing the financial, reporting and investor relations functions in Couche-Tard, I look forward to joining President and Chief Executive Officer Brian Hannasch in evaluating opportunities for further expansion under the new, global Circle K brand,” Mr. Tessier continues. “I am thrilled at this opportunity to play a part in CoucheTard’s continuing strategic growth and in reaching its goal to become the world’s preferred destination for convenience and fuel.”

Brian Hannasch, Couche-Tard’s President and Chief Executive Officer, says, “Claude has deep experience in large retail businesses and understands the reality of lean, multi-site environments – including service station operations. He has a proven track record as the Head of Finance of a large, complex business and has experience with financing, acquisitions and capital markets in publicly traded companies. Claude is the ideal candidate to help Couche-Tard continue its strong growth and to continue adding shareholder value with us.” Mr. Hannasch adds, “Claude’s extensive and relevant experience, combined with his solid leadership skills, will be an excellent addition to our already strong team.”

Claude Tessier joins Couche-Tard from Sobeys, where he has been President of the IGA Operations Business Unit since 2012. He joined IGA in 2003 as Vice President, Finance & Strategic Planning for Sobeys Québec. Prior to his position with IGA, Mr. Tessier gained more than 15 years’ as senior financial leadership experience with Fly Furniture, Provigo and Costco, including in CFO and Vice President roles. He has also held management positions in Mallette International and PricewaterhouseCoopers (formerly Coopers & Lybrand).

Contacts

Investor Relations:
Sylvain Aubry, Senior Director, Legal Affairs and Corporate Secretary
Tel: 450-662-6632, ext. 4619
sylvain.aubry@couche-tard.com

Media Relations:
Karen Romer, Director, Global Communications
Tel: (514) 603-4505 or 011 47 950 74 950
karen.romer@couche-tard.com

About Alimentation Couche-Tard Inc.
Couche-Tard is the leader in the Canadian convenience store industry. In the United States, it is the largest independent convenience store operator in terms of number of company-operated stores. In Europe, Couche-Tard is a leader in convenience store and road transportation fuel retail in the Scandinavian and Baltic countries, with a significant presence in Poland.

As of October 11, 2015, Couche-Tard’s network comprised 8,006 convenience stores throughout North America, including 6,579 stores offering road transportation fuel. Its North American network consists of 15 business units, including 11 in the United States covering 41 States and four in Canada covering all ten provinces. About 80,000 people are employed throughout its network and at its service offices in North America.

In Europe, Couche-Tard operates a broad retail network across Scandinavia (Norway, Sweden and Denmark), Poland, the Baltics (Estonia, Latvia and Lithuania) and Russia. As at October 11, 2015, it comprised 2,217 stores, the majority of which offer road transportation fuel and convenience products while the others are unmanned automated service stations which offer road transportation fuel only. The Corporation also offers other products, including stationary energy, marine fuel and chemicals. CoucheTard operates key fuel terminals and fuel depots in six European countries. Including employees at Statoil branded franchise stations, about 19,000 people work in its retail network, terminals and service offices across Europe.

In addition, about 4,700 stores are operated by independent operators under the Circle K banner in 14 other countries or regions worldwide (China, Costa Rica, Egypt, Guam, Honduras, Hong Kong, Indonesia, Japan, Macau, Malaysia, Mexico, the Philippines, the United Arab Emirates and Vietnam) which brings to more than 14,900 the number of sites in Couche-Tard’s network.

Forward-Looking Statements

The statements set forth 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 ”believe”, “could”, “should”, “intend”, “expect”, ”estimate”, “assume” and other related expressions are used to identify such statements. Couche-Tard would like to point out that, by their very nature, 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 projection. 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.

Alimentation Couche-Tard Inc. to acquire Ireland’s leading convenience and fuel retailer Topaz

Laval, Québec, Canada, 2015-12-4 — /EPR Retail News/ —Alimentation Couche-Tard Inc. (“Couche-Tard”) (TSX: ATD.A/ATD.B) announces today that it has signed, through one of its wholly-owned indirect subsidiaries, an agreement to acquire Ireland’s leading convenience and fuel retailer Topaz, through purchasing the majority share capital (more than 99.86%) of both Topaz Energy Group Limited (“TEGL”) and Resource Property Investment Fund plc (“RPIF”), together with the entire share capital of Esso Ireland Limited. The minority shareholders of TEGL and RPIF will be invited to take part in the same opportunity. This acquisition would position Couche-Tard as the leading convenience and fuel retailer in Ireland.

The transaction is anticipated to close in the fourth quarter of Couche-Tard’s fiscal year 2016 and is subject to the usual regulatory approvals and closing conditions. It would be financed using Couche-Tard’s available cash and existing credit facilities. The parties have agreed not to disclose the purchase price for this acquisition.

Topaz is the leading convenience and fuel retailer in the country, made up of 464 stations across the island of Ireland including its recently acquired Esso station network. Of these stations, 162 are owned by Topaz and 302 by dealers. The agreement also encompasses a commercial fuels operation, with over 30 depots and two owned terminals.

“In 2012 we declared that Statoil Fuel & Retail would be our platform for growth in Europe. This agreement to acquire Topaz’s network and assets, our second announcement in Europe this year following the Danish Shell deal, would allow us to add yet another high quality network to our operations,” says Brian Hannasch, President & CEO of Couche-Tard. “Ireland has been on an extraordinary journey over the past decade. We have been looking at this market for several years. With the addition of Topaz, we would expand our geographic footprint into what, today, is one of Europe’s best performing economies.”

“As part of the larger Couche-Tard merchant family, and with the strong, global Circle K brand in our portfolio, we are well-equipped to take on this significant market,” says Jacob Schram, Couche-Tard’s Group President Europe. “Topaz would be a great strategic fit for Couche-Tard and it would strengthen our position in Western Europe. It has an extensive and attractive convenience and fuel network, with good locations, quality forecourts and stores, an excellent food offering and very professional teams. We look forward to welcoming Topaz into our family.”

INVITATION TO CONFERENCE CALL FOR ANALYSTS AND MEDIA
Alimentation Couche-Tard Inc. invites the analysts and media representatives to a conference call to which representatives of the Management Team will participate. The conference call will start at 8:45 A.M. promptly (ET)/ 1:45 P.M. (GMT) and analysts and media representatives will need to contact CNW at one of the following numbers: 1-866-865-3087, 1-647-427-7450 or 514- 807-9895, conference number # 95369970 and will need to identify themselves. Lines will be available 30 minutes in advance to allow them to register. Participants who wish to join the call after it started will not be able to join it.

About Alimentation Couche-Tard Inc.
Couche-Tard is the leader in the Canadian convenience store industry. In the United States, it is the largest independent convenience store operator in terms of number of company-operated stores. In Europe, Couche-Tard is a leader in convenience store and road transportation fuel retail in the Scandinavian and Baltic countries, with a significant presence in Poland.

As of October 11, 2015, Couche-Tard’s network comprised 8,006 convenience stores throughout North America, including 6,579 stores offering road transportation fuel. Its North American network consists of 15 business units, including 11 in the United States covering 41 States and four in Canada covering all ten provinces. About 80,000 people are employed throughout its network and at its service offices in North America.

In Europe, Couche-Tard operates a broad retail network across Scandinavia (Norway, Sweden and Denmark), Poland, the Baltics (Estonia, Latvia and Lithuania) and Russia. As at October 11, 2015, it comprised 2,217 stores, the majority of which offer road transportation fuel and convenience products while the others are unmanned automated service stations which offer road transportation fuel only. The Corporation also offers other products, including stationary energy, marine fuel and chemicals. Couche-Tard operates key fuel terminals and fuel depots in six European countries. Including employees at Statoil branded franchise stations, about 19,000 people work in its retail network, terminals and service offices across Europe.

In addition, about 4,700 stores are operated by independent operators under the Circle K banner in 14 other countries or regions worldwide (China, Costa Rica, Egypt, Guam, Honduras, Hong Kong, Indonesia, Japan, Macau, Malaysia, Mexico, the Philippines, the United Arab Emirates and Vietnam) which brings to more than 14,900 the number of sites in Couche-Tard’s network.

For more information about Alimentation Couche-Tard Inc., please visit: http://corpo.couche-tard.com.

Contacts
Media Relations:
Karen Romer, Director, Global Communications
Tel: 514-603-4505 / +47 950 74 950
karen.romer@couche-tard.com

Investor Relations:
Sylvain Aubry, Senior Director, Legal Affairs and Corporate Secretary
Tel: 450-662-6632, ext. 4619
sylvain.aubry@couche-tard.com

Forward-Looking Statements
The statements set forth in this press release, which describe 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 “will”, “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 nature, 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 projection. 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 documents filed by Couche-Tard with securities regulatory authorities in Canada. 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 press release is based on information available as of the date of the release.

SOURCE: Alimentation Couche-Tard Inc.