Couche-Tard to Buy Poland's Zabka in Biggest Ever Deal
The deal would give Couche-Tard control of Poland’s largest convenience retailer and could deliver about $250 million in synergies, the company said.
- On Friday, July 31, 2026, Alimentation Couche-Tard Inc. announced plans to acquire Polish retailer Zabka Group in a transaction valued at approximately $8.7 billion.
- Representing the largest acquisition in Couche-Tard's history, this deal adds a scaled platform in Central and Eastern Europe to the company's global network of nearly 17,300 stores.
- Shareholders owning approximately 57% of Zabka's shares, including CVC Capital Partners and Partners Group, entered into irrevocable agreements to tender their holdings into the voluntary offer.
- Zabka CEO Tomasz Blicharski said the transaction marks "the beginning of an entirely new and exciting chapter," while Couche-Tard CEO Alex Miller called it "transformational."
- The offer is expected to open for 30 days following commencement, with the Offer Document scheduled for review by the Polish Financial Supervision Authority toward August 26, 2026.
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Canadian convenience giant Alimentation Couche-Tard eyes takeover of Polish rival Zabka
The Laval, Que.-based owner of Couche-Tard and Circle K stores announced Friday that it made an offer valued at more than $12 billion to buy Polish convenience store operator Zabka Group. The play comes after Alimentation Couche-Tard tried, but failed, to buy the parent company of 7-Eleven for more than a year.
Circle K Owner Grows in Europe With $8.7 Billion Polish Deal
Canada’s Alimentation Couche-Tard Inc. agreed to buy Polish retailer Żabka Group SA for about 32.6 billion zloty ($8.7 billion), expanding the Circle K owner’s European footprint with its biggest-ever acquisition.
The Quebec convenience store giant puts $12 billion on the table to get hold of Zabka Group.
The Quebec convenience store giant wants to buy 的abka Group, which operates more than 13,000 stores in Poland. 的abka Group is registered on the Warsaw Stock Exchange.
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