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Statoil Fuel & Retail

Norwegian petrol station chain

Statoil Fuel & Retail

Norwegian petrol station chain

FieldValue
nameStatoil Fuel & Retail
logoStatoil Fuel & Retail.png
logo_size230px
typeSubsidiary
fateAcquired by Alimentation Couche-Tard and rebranded as Circle K
area_servedNorthern Europe
industryPetroleum, Retail
revenueNOK 73.7 billion (2011)
num_employees17,500 (2014)
parentAlimentation Couche-Tard
predecessorStatoil ASA
foundation
defunct
locationOslo, Norway
locations2,239 stations
homepagewww.statoilfuelretail.com
Statoil in Lithuania

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.

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. It was listed as a separate company on the Oslo Stock Exchange on October 22, 2010.

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. The deal included the right to use the "Statoil" brand for the stations until 30 September 2019.

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

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.

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

Brands and geographic presence

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

Country"Statoil"
branded stations"Statoil"
branded stations after merge with Alimentation Couche-Tard"1-2-3"
branded stationsIngo
branded stationsTotal number
of "Statoil" stations before mergerRemark
214 (Merged in 2016)07124309Manager: Fuchs Petrolub from 2015
46 (Merged in 2017)06-52Manager: Fuchs Petrolub from 2015
74 (Merged from 2017 till 2018)05-79Manager: Fuchs Petrolub from 2015
63 (Merged from 2017 till 2018)013-77Manager: Fuchs Petrolub from 2015
427 (Merged from 2015 till 2016)1(data from April 6, 2017)145-572Manager: Fuchs Petrolub from 2015
249 (Merged in 2016)048-297
19 (Merged in 2018)19--19
682 (Merged from 2015 till 2016)0-123805Manager: Fuchs Petrolub from 2015

References

References

  1. Farberg, Andreas L.. (2010-09-28). "Mr. McStatoil vil vokse seg stor i Polen". [[E24 Næringsliv.
  2. Torp, Cathrine. (2010-02-03). "Statoil opens for a new ownership structure for its energy and retail business". [[Statoil.
  3. Lindbæk, Jannik. "Statoil files OSE application to list Statoil Fuel & Retail ASA". [[Statoil.
  4. (2010-09-29). "The Board of Oslo Børs admits two new companies to listing". [[Oslo Stock Exchange]].
  5. Koranyi, Balazs. (2012-04-18). "Canada's Couche-Tard to buy Statoil Fuel for $2.8 billion". Reuters.
  6. (2012-04-18). "Statoil sells 2300 gas stations to Couche-Tard". Stavanger Aftenblad.
  7. [https://www.reuters.com/article/us-sfr-m-a-bp-idUSKBN0GY1Q020140903 BP buys Scandinavian jet fuel business]. [[Reuters]], 4 September 2014
  8. (2015-09-22). "Couche-Tard Launches Global Circle K Brand". PR Newswire.
  9. "Europe {{!}} Couche-Tard". Couche-Tard.
  10. Danmark, Circle K. "[Danish] Statoil er blevet til Circle K".
  11. (2010-09-02). "Statoil Fuel & Retail - Our operations". Statoil Fuel & Retail ASA.
  12. (9 May 2016). "Statoil bliver til Circle K".
  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".
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