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Statoil Fuel & Retail

Statoil Fuel & Retail was a Norwegian petrol station chain, formed by the 2010 separation of the downstream business of Statoil ASA into a separate listed company.[1][2]

The company had 2,300 fuel retail stations in Scandinavia, Poland, the Baltic countries and Russia as well as significant lubricants and aviation fuel operations.[3] It was listed as a separate company on the Oslo Stock Exchange on October 22, 2010.[4]

On 18 April 2012 it was announced that Alimentation Couche-Tard would buy Statoil Fuel & Retail for US$2.8 billion and it would become a wholly owned indirect subsidiary of Couche-Tard.[5] The deal included the right to use the "Statoil" brand for the stations until 30 September 2019.[6]

In September 2014, the jet fuel business of Statoil Fuel & Retail was sold to BP for an undisclosed amount.[7]

On 22 September 2015 it was announced that the "Statoil" branding would be phased out, and replaced by Circle K as part of a global rebranding scheme involving all Couche Tard-owned retailers.[8]

In 2016, Couche-Tard decided to merge Circle K and Statoil Fuel & Retail into the Circle K brand.[9][10]

Brands and geographic presence

Statoil Fuel & Retail was presented in eight countries (2010):[11]

External links

References

  1. Andreas L. Farberg. Mr. McStatoil vil vokse seg stor i Polen E24, 2010-09-28, retrieved 2010-10-03^
  2. Cathrine Torp. Statoil opens for a new ownership structure for its energy and retail business Statoil ASA, 2010-02-03, retrieved 2010-10-03^
  3. Jannik Lindbæk. Statoil files OSE application to list Statoil Fuel & Retail ASA Statoil ASA, 2010-09-02, retrieved 2010-10-03^
  4. The Board of Oslo Børs admits two new companies to listing Oslo Stock Exchange, 2010-09-29, retrieved 2010-10-03^
  5. Balazs Koranyi. Canada's Couche-Tard to buy Statoil Fuel for $2.8 billion Reuters, 2012-04-18^
  6. Statoil sells 2300 gas stations to Couche-Tard Stavanger Aftenblad, 2012-04-18^
  7. BP buys Scandinavian jet fuel business. Reuters, 4 September 2014^
  8. Couche-Tard Launches Global Circle K Brand PR Newswire, 2015-09-22^
  9. Europe Couche-Tard, retrieved 2017-06-07^
  10. Circle K Danmark. [Danish] Statoil er blevet til Circle K www.circlek.dk, retrieved 2017-06-07^
  11. Statoil Fuel & Retail - Our operations Statoil Fuel & Retail ASA, 2010-09-02, retrieved 2010-10-22^
  12. Statoil bliver til Circle K 9 May 2016^
  13. Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold^
  14. Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold^
  15. Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold^
  16. "Statoil" degalinės keičia pavadinimą^
  17. Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold^
  18. Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold^
  19. Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold^