Alimentation Couche-Tard has launched a bid for Poland's Zabka Group, offering CAD 12 billion to acquire the leading convenience retailer in the region.
The proposal marks a significant expansion of the Quebec-based company's international footprint, targeting one of Europe's most competitive retail markets.
The company recently reported a near-doubling of profits for its second quarter, driven by elevated fuel prices and strong operational execution.
The acquisition would represent a major strategic pivot for the convenience giant, which has recently focused on consolidating its North American position.
By entering the Polish market through a large-scale buyout, the company aims to capture growth opportunities in Central and Eastern Europe, diversifying its revenue streams beyond its traditional strongholds in Canada and the United States.
This move follows a period of robust financial performance for Alimentation Couche-Tard.
The company recently reported a near-doubling of profits for its second quarter, driven by elevated fuel prices and strong operational execution.