Announced
Completed
Financials
Tags
Single Bidder
Private
Friendly
Germany
Acquisition
Cross Border
Majority
oil production
Integrated Oil and Gas
Completed
Synopsis
Alimentation Couche-Tard, a convenience store company, completed the acquisition of European retail assets of TotalEnergies, a multi-energy company, for €3.4bn. "We are excited to welcome the TotalEnergies employees and stores into the Couche-Tard family. As we learned more about their business, it became clear that we share the same customer-centric approach, values, and focus on an engaged workforce. We have deep respect for its operations, management, and people as well as great confidence that by joining forces together, we will build a winning global retail operation in the region. We see this as a strong geographical fit with our existing European network, which will allow us to grow together in some of Europe's strongest economies and move forward in our vision to become the world's preferred destination for convenience and mobility," Brian Hannasch, Alimentation Couche-Tard President and CEO.
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