On the Record · CST Brands

CST Brands acquisitions, on the record

The businesses CST Brands bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
CrossAmerica Word for word“We have quantified the contribution of CrossAmerica (since acquiring the General Partner on October 1, 2014) to specific income statement line items, and any significant increase or decrease in the underlying income statement line items attributable to CST are then discussed.” 10-K for 2014	acquisition	October 1, 2014	—
Nice N Easy Grocery Shoppes Word for word“In November 2014, CST jointly purchased with CrossAmerica the assets of Nice N Easy Grocery Shoppes.” 10-K for 2014	acquisition	November 2014	—
Landmark Industries Stores Word for word“In January 2015, CST jointly purchased with CrossAmerica 22 convenience stores from Landmark Industries.” 10-K for 2014	agreed acquisition	January 2015	—
Erickson Oil Products, Inc. Word for word“In February 2015, CrossAmerica closed on the purchase of all of the outstanding capital stock of Erickson Oil Products, Inc. and certain related assets for an aggregate purchase price of $85 million, subject to certain post-closing adjustments.” 10-K for 2014	acquisition	February 2015	$85 million
retail sites identified for sale in 2014 network optimization program Word for word“As a result, we identified and actively marketed 93 retail sites for sale and sold 71 sites by December 31, 2014.” 10-K for 2014	divestiture	by December 31, 2014	—
Flash Foods Word for word“On February 1, 2016, we closed on the purchase of all of the issued and outstanding equity interests in Flash Foods, LLC, a Georgia limited liability company, Fuel South, LLC, a Georgia limited liability company, Fuel South Express, LLC, a Georgia limited liability company, Bacon Grocery Company, LLC, a Georgia limited liability company, Cowford Holdings, LLC, a Georgia limited liability company, and Kemp Ridge Holdings, LLC, a Georgia limited liability company (collectively, “Flash Foods”) for an aggregate purchase price of approximately $425 million , plus working capital.” 10-K for 2015	agreed acquisition	On February 1, 2016	approximately $425 million , plus working capital
CrossAmerica (GP Purchase) Word for word“On October 1, 2014, we completed the GP Purchase and began consolidating the financial results of CrossAmerica and as such, full year comparable results are not presented herein.” 10-K for 2015	acquisition	On October 1, 2014	—
Nice N Easy convenience stores Word for word“CrossAmerica supplies motor fuel to certain of our convenience stores in New York acquired in the Nice N Easy acquisition and 22 of our convenience stores in San Antonio under the Shell brand acquired in the Landmark Industries Stores (“Landmark”) acquisition.” 10-K for 2015	acquisition	—	—
Convenience stores divested in 2014 network optimization program Word for word“We completed the sale of 75 convenience stores in 2014 primarily related to our previously announced network optimization program and recognized a gain of $32 million .” 10-K for 2015	divestiture	in 2014	gain of $32 million
all 79 stores in the California and Wyoming markets Word for word“In July 2016, CST consummated the sale of all 79 stores in the California and Wyoming markets to 7-Eleven, Inc. and its wholly-owned subsidiary, SEI Fuel Services, Inc.” 10-K for 2016	divestiture	July 2016	—
31 Franchised Holiday Stores and three company operated liquor stores from S/S/G Corporation Word for word“CrossAmerica—Acquisition of Franchised Holiday Stores On March 29, 2016, CrossAmerica closed on the acquisition of 31 Franchised Holiday Stores and three company operated liquor stores from S/S/G Corporation for approximately $52 million .” 10-K for 2016	acquisition	March 29, 2016	approximately $52 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	$438 million	$199 million

Deal filings since 2016

2017-06-28 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-08-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-07-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-03-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets

Read from CST Brands’s annual reports (10-K for 2016, 10-K for 2015, 10-K for 2014) and the financial data it files with the SEC, as of 2017-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.