CrossAmerica Partners LP
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CrossAmerica Partners LP is a wholesale distributor of motor fuels, convenience store operator, and owner and lessee of real estate used in the retail distribution of motor fuels. The Company 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 Company distributes motor fuel on a wholesale basis to approximately 1,750 sites located in 34 states. The Company 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.
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