Couche-Tard acquires Shell’s downstream retail business in Denmark

Alimentation Couche-Tard has closed on its acquisition of A/S Dansk Shell's downstream retail business in Denmark , as previously announced on March 23, 2016, officials announced on Monday. 

The transaction has received the appropriate regulatory approvals, and all final closing requirements have been completed.

Subsequent to this transaction and pending remedy divestments as previously announced, Couche-Tard's network in Denmark will include a total of 286 company operated-stores, 153 company-owned and dealer operated and 44 dealer owned and dealer operated. Included therein are 211 automated sites.

"We are very excited to announce this new addition to the Couche-Tard family in Europe," said Brian Hannasch, president and CEO of Couche-Tard. "And it couldn't come at a better time, as we are beginning the rebranding of our stations to our new global Circle K banner already this week."