EduBourseActualitésShell Completes Sale of Denmark Marketing Business to Couche-Tard

Shell Completes Sale of Denmark Marketing Business to Couche-Tard

Dernière mise à jour: octobre 21, 2021

Shell has completed the sale of Dansk Fuels in Denmark to Couche-Tard for approximately $300 million including working capital. Dansk Fuels comprises Shell’s Retail, Commercial Fuels, Commercial Fleet and Aviation businesses, and products distribution activities associated with those businesses. It will be owned by Circle K Denmark A/S (formerly Statoil Fuel and Retail A/S), which is a subsidiary of Couche-Tard.
Shell signed an agreement to divest the business in March 2015. Completion of the transaction follows regulatory approval from the European Commission.

The Shell brand will continue to be visible in the country through a Trademark Licence Agreement with Dansk Fuels. The euroShell card scheme will remain in place.

The sale is consistent with Shell’s strategy to concentrate its downstream footprint on assets and markets where it can be most competitive. Shell’s Upstream business in Denmark is not impacted.

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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