Alimentation Couche-Tard Plans $8.6 Billion Acquisition of Poland's Żabka Group
Alimentation Couche-Tard is set to acquire a controlling stake in Poland’s Żabka Group for approximately $8.6 billion, marking what could be its largest acquisition ever. The deal, expected to close by year-end, aims to generate up to $250 million in synergies within three years and aligns with the company's growth strategy focused on expanding convenience retail offerings across Europe. The retailer’s “Core + More” plan emphasizes fuel, nicotine, beverages, food expansion, e-mobility services like charging stations, car washes, digital tools, and store network development. The firm has already surpassed 4,000 European EV charging points and plans to add another 750 by 2030. At its annual shareholder meeting, Couche-Tard secured approval for auditor appointment, director slate, and executive compensation while rejecting three MÉDAC proposals. Fiscal 2026 EBITDA rose 18.2% to over $7 billion, with a 10.5% increase in quarterly dividends.
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