Alimentation Couche-Tard to Acquire Controlling Stake in Żabka for $8.6 Billion
Alimentation Couche-Tard, the parent company of Circle K, has agreed to acquire a controlling interest in Poland's largest convenience retailer, Żabka Group, for approximately $8.6 billion. The deal includes over 13,000 stores across Poland and Romania and is expected to close by December 2026. With support from shareholders owning about 57% of outstanding shares, the acquisition marks Couche-Tard's largest in its history. The transaction will significantly expand Couche-Tard’s presence in Central Europe, where it currently operates nearly 400 stores and has no footprint in Romania yet. Żabka is noted for its advanced digital platform with over 11.7 million users across online channels and an average of 4.3 million daily transactions. For the year ending March 31, 2026, Żabka reported $7.4 billion in revenue and $1.1 billion in adjusted EBITDA. Couche-Tard anticipates achieving around $250 million in cost savings within three years post-acquisition.
Topics: convenience retail corporate strategy international expansion