Trade Resources Company News Shell Signs Agreement with Alimentation Couche-Tard Inc. for The Sale of Its Retail, Commercial Fleet and Fuels, Aviation and Trading & Supply Businesses in Denmark

Shell Signs Agreement with Alimentation Couche-Tard Inc. for The Sale of Its Retail, Commercial Fleet and Fuels, Aviation and Trading & Supply Businesses in Denmark

Tags: Shell, Denmark, buyer

Shell’s Upstream business in Denmark are not impacted by this agreement. Separately, Shell is seeking a buyer for its Fredericia refinery.

The sale is subject to regulatory approvals and is expected to complete in 2015. Details of the sale are commercially confidential.

The deal includes a Trademark License Agreement, under which the Shell brand will remain highly visible in Denmark through the Shell-branded retail network and in the fuels wholesaling sector. The euroShell card scheme will continue to be available to customers. Lubricants will continue to be delivered via a separate macro distributor agreement with Univar.

 

Source: http://www.shell.com/media/news-and-media-releases/2015/shell-signs-agreement-with-alimentation-couche-tard.html
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