CROSSAMERICA PARTNERS LP (CAPL)

Company Profile

CrossAmerica Partners LP engages in the business of wholesaling distribution of motor fuel, convenience store operation, and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company is headquartered in Allentown, Pennsylvania and currently employs 228 full-time employees. The company went IPO on 2012-10-25. The firm operates through two segments: wholesale and retail. The Wholesale segment includes the wholesale distribution of motor fuel to lessee dealers and independent dealers. The Retail segment includes the retail sale of motor fuel at retail sites operated by commission agents and the sale of convenience merchandise items and the retail sale of motor fuel at company-operated sites. The firm distributes motor fuel on a wholesale basis to approximately 1,750 sites located in 34 states. The firm owns or leases approximately 1,150 sites, of which it operates 255 as company operated sites. Commission agent site is a retail site where it retains title to the motor fuel inventory and sell it directly to its end user customers.

Company Info

CROSSAMERICA PARTNERS LP

645 West Hamilton St., Suite 500

Allentown PENNSYLVANIA 18101

P: 16106258000

CEO: Charles M. Nifong Jr.

Employees: 228

Website: https://www.crossamericapartners.com/