Couche-Tard acquires Żabka for $8.6B, its largest deal to date

Alimentation Couche-Tard signed a definitive agreement to acquire a controlling stake in Żabka Group.

The transaction is valued at approximately US$8.6 billion. This deal represents Couche-Tard’s largest acquisition to date.

Żabka Group operates more than 13,000 convenience and digital retail stores across Europe. The acquisition establishes an immediate platform for Couche-Tard in Central and Eastern European markets. These assets will complement the company’s existing Circle K network.

Key Żabka shareholders support the transaction. Couche-Tard expects to fund the purchase through debt facilities.