Royal Dutch Shell Group .com Rotating Header Image

Shell completes sale of Dansk Fuels in Denmark

Screen Shot 2016-03-27 at 21.14.41

Screen Shot 2016-05-02 at 18.59.05

Screen Shot 2016-04-20 at 13.50.03Written by Niamh Forrest – 02/05/2016 12:04 pm

Oil major Shell said it has completed the sale of Dansk Fuels in Denmark to Couche-Tard for $300million.

The company said Dansk Fuels comprises Shell’s retail, commercial fuels and commercial fleet and aviation business.

It will be owned by Circle K Denmark which was formerly Statoil Fuel and Retail, a subsidiary of Couche-Tard.

The move comes after Shell signed an agreement to divest the business in March last year.

The completion of the transaction follows regulatory approval from the European Commission.

SOURCE

RELATED ARTICLES

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Comments are closed.