.
MergerLinks Header Logo

New Deal


Announced

Completed

Alimentation Couche-Tard completed the acquisition of Circle K HK from Convenience Retail Asia for $360m.

Financials

Edit Data
Transaction Value£277m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Hong Kong

Acquisition

Cross Border

Single Bidder

convenience stores

Diversified Retailers

Private

Majority

retail

Friendly

Completed

Synopsis

Edit

Alimentation Couche-Tard, an independent convenience store operator, completed the acquisition of Circle K HK, a chain of convenience stores located in Hong Kong, from Convenience Retail Asia, an operator of convenience store chains, for $360m. "I have followed Circle K Hong Kong's progress closely for decades and deeply admire its leadership team and retail expertise. I look forward to welcoming their team members and stores into the Couche-Tard family and have no doubt that together we can reach millions more customers in Hong Kong and across Asia as we move forward in our journey to become the world's preferred destination for convenience and fuel," Alain Bouchard, Couche-Tard Founder and Executive Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US