M&A Deal Summary

Alimentation Acquires The Pantry

On March 10, 2015, Alimentation acquired retailer The Pantry for 1.7B USD

Acquisition Highlights
  • This is Alimentation’s 2nd transaction in the Retail sector.
  • This is Alimentation’s 2nd largest (disclosed) transaction.
  • This is Alimentation’s 3rd transaction in the United States.
  • This is Alimentation’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2015-03-10
Target The Pantry
Sector Retail
Buyer(s) Alimentation
Deal Type Add-on Acquisition
Deal Value 1.7B USD
Advisor(s) BofA Securities (Financial)
Willkie Farr & Gallagher
Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan (Legal)

Target

The Pantry

Cary, North Carolina, United States
The Pantry, Inc. is a independently operated convenience store chain in the southeastern United States.

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Buyer(S) 1

Buyer

Alimentation

Laval, Quebec, Canada
Category Company
Founded 1980
Sector Retail
Employees150,000
Revenue 71.9B USD (2023)
DESCRIPTION

Alimentation is one of the largest company-owned convenience store operators in the world with more than 13,000 stores across Canada, the United States, Europe, Mexico, Japan, China, and Indonesia. Alimentation was incorporated in 1980 and is based in Laval, Canada.

DEAL STATS #
Overall 3 of 11
Sector (Retail) 2 of 9
Type (Add-on Acquisition) 2 of 7
State (North Carolina) 1 of 1
Country (United States) 3 of 8
Year (2015) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-10-07 Circle K

Phoenix, Arizona, United States

Circle K is a global convenience and fuel retailer. The Circle K banner regroups a network of more than 10,500 stores in 27 countries. Circle K stores offer a broad mix of food products, premium coffee, beverages, other merchandise and services and motor fuel.

Buy $821M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-01 Statoil Fuel & Retail Lubricants AB

Stockholm, Sweden

Statoil Fuel & Retail Lubricants AB is a supplier of lubricants in Scandinavia and the Baltics. Statoil Fuel & Retail Lubricants AB was formed in 2014 and is based in Stockholm, Sweden.

Sell -
Mergr

Product

Company

Legal