Acquisition History / Alimentation Couche-Tard Inc. / Żabka Group
Alimentation Couche-Tard Inc. Acquires Żabka Group
Announced July 31, 2026 — $8.60B
What happened
Żabka Group is Poland's largest convenience retailer, listed on the Warsaw Stock Exchange. Couche-Tard agreed to acquire a controlling stake and launch a voluntary tender offer for all shares through Circle K Polska at PLN 32.00 per share, an equity value of about PLN 32.62B, with support from shareholders holding around 57% including CVC and Partners Group.
- Acquirer
- Alimentation Couche-Tard Inc.
- Target
- Żabka Group
- Announced
- July 31, 2026
- Price
- $8.60B
- Industry
- Convenience retail
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Alimentation Couche-Tard Inc. acquire Żabka Group?
Alimentation Couche-Tard Inc. acquired Żabka Group on July 31, 2026. This was Alimentation Couche-Tard Inc.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Alimentation Couche-Tard Inc. pay for Żabka Group?
Alimentation Couche-Tard Inc. paid $8.60B for Żabka Group.
What does Żabka Group do?
Żabka Group is Poland's largest convenience retailer, listed on the Warsaw Stock Exchange. Couche-Tard agreed to acquire a controlling stake and launch a voluntary tender offer for all shares through Circle K Polska at PLN 32.00 per share, an equity value of about PLN 32.62B, with support from shareholders holding around 57% including CVC and Partners Group.
What other Convenience retail companies has Alimentation Couche-Tard Inc. acquired?
Żabka Group is Alimentation Couche-Tard Inc.'s only publicly tracked acquisition in Convenience retail so far.