Statoil Fuel & Retail
{{Short description|Norwegian petrol station chain}}
{{Infobox company
| name = Statoil Fuel & Retail
| logo = Statoil Fuel & Retail.png
| logo_size = 230px
| type = Subsidiary
| successor =
| fate = Acquired by Alimentation Couche-Tard and rebranded as Circle K
| area_served = Northern Europe
| industry = Petroleum, Retail
| revenue = {{profit}} NOK 73.7 billion (2011)
| num_employees = 17,500 (2014)
| parent = Alimentation Couche-Tard
| predecessor = Statoil ASA
| foundation = {{start date and age|2010}}
| defunct = {{end date|2016}}
| location = Oslo, Norway
| locations = 2,239 stations
| homepage = [http://www.statoilfuelretail.com/ www.statoilfuelretail.com]
}}
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.{{cite news | title = Mr. McStatoil vil vokse seg stor i Polen | first = Andreas L. | last = Farberg | url = http://e24.no/boers-og-finans/article3831059.ece | newspaper = E24 | date = 2010-09-28 | accessdate =2010-10-03 | language = Norwegian }}{{cite web| url = http://www.statoil.com/en/NewsAndMedia/News/2010/Pages/03FebOwnershipER.aspx| title = Statoil opens for a new ownership structure for its energy and retail business| first = Cathrine| last = Torp| date = 2010-02-03| publisher = Statoil ASA| location = Stavanger| accessdate = 2010-10-03}}
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.{{cite web| url = http://www.statoil.com/en/NewsAndMedia/News/2010/Pages/02Sep_OSE_Listing.aspx| title = Statoil files OSE application to list Statoil Fuel & Retail ASA| first = Jannik| last = Lindbæk| date = 2010-09-02| publisher = Statoil ASA| location = Stavanger| accessdate = 2010-10-03}} It was listed as a separate company on the Oslo Stock Exchange on October 22, 2010.{{cite web| url = http://www.oslobors.no/ob_eng/Oslo-Boers/About-us/Press-room/Press-releases/The-Board-of-Oslo-Boers-admits-two-new-companies-to-listing2| title = The Board of Oslo Børs admits two new companies to listing| date = 2010-09-29| publisher = Oslo Stock Exchange| location = Oslo| accessdate = 2010-10-03}}
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.{{cite news| url=http://uk.reuters.com/article/us-alimentation-statoilfuel-idUKBRE83H06R20120418 | archive-url=https://web.archive.org/web/20160105144919/http://uk.reuters.com/article/us-alimentation-statoilfuel-idUKBRE83H06R20120418 | url-status=dead | archive-date=January 5, 2016 | work=Reuters | first=Balazs | last=Koranyi | title=Canada's Couche-Tard to buy Statoil Fuel for $2.8 billion | date=2012-04-18}} The deal included the right to use the "Statoil" brand for the stations until 30 September 2019.{{cite news| url=http://www.aftenbladet.no/energi/aenergy/Statoil-sells-2300-gas-stations-to-Couche-Tard-2958984.html | work=Stavanger Aftenblad | title=Statoil sells 2300 gas stations to Couche-Tard | date=2012-04-18}}
In September 2014, the jet fuel business of Statoil Fuel & Retail was sold to BP for an undisclosed amount.[https://www.reuters.com/article/us-sfr-m-a-bp-idUSKBN0GY1Q020140903 BP buys Scandinavian jet fuel business]. Reuters, 4 September 2014
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.{{cite news| url=http://www.prnewswire.com/news-releases/couche-tard-launches-global-circle-k-brand-528638491.html | work=PR Newswire | title=Couche-Tard Launches Global Circle K Brand | date=2015-09-22}}
In 2016, Couche-Tard decided to merge Circle K and Statoil Fuel & Retail into the Circle K brand.{{Cite news|url=http://corpo.couche-tard.com/en/business-units/europe/|title=Europe {{!}} Couche-Tard|work=Couche-Tard|access-date=2017-06-07|language=en-US}}{{Cite web|url=https://www.circlek.dk/dk_DK/pg1334096301783/OmCircleK-karriere/OmCircleK/CircleK.html|title=[Danish] Statoil er blevet til Circle K|last=Danmark|first=Circle K|date=|website=www.circlek.dk|access-date=2017-06-07}}
Brands and geographic presence
Statoil Fuel & Retail was presented in eight countries (2010):{{cite web|url=http://www.statoilfuelretail.com/en/ouroperations/pages/default.aspx |title=Statoil Fuel & Retail - Our operations |date=2010-09-02 |publisher=Statoil Fuel & Retail ASA |location=Oslo |access-date=2010-10-22 |url-status=dead |archive-url=https://web.archive.org/web/20101214043711/http://www.statoilfuelretail.com/en/Ouroperations/Pages/default.aspx |archive-date=December 14, 2010 }}
| class="wikitable" border="1" |
| Country
! "Statoil" ! "Statoil" ! "1-2-3" ! Ingo ! Total number ! Remark |
|---|
| {{DNK}}
| style="text-align: center;" | 214 (Merged in 2016){{Cite web|url=https://www.motormagasinet.dk/article/view/251057/statoil_bliver_til_circle_k|title = Statoil bliver til Circle K| date=9 May 2016 }} | style="text-align: center;" | 0{{citation needed|date=June 2019}} | style="text-align: center;" | 71 | style="text-align: center;" | 24 | style="text-align: center;" | 309 | style="text-align: center;" | Manager: Fuchs Petrolub from 2015{{Cite web|url=http://www.24hgold.com/francais/article-compagnie-or-argent-fuchs-acquires-statoil-fuel--retail-lubricants-from-couche-tard.aspx?articleid=1492852|title = Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold}} |
| {{EST}}
| style="text-align: center;" | 46 (Merged in 2017) | style="text-align: center;" | 0 | style="text-align: center;" | 6 | style="text-align: center;" | - | style="text-align: center;" | 52 | style="text-align: center;" | Manager: Fuchs Petrolub from 2015{{Cite web|url=http://www.24hgold.com/francais/article-compagnie-or-argent-fuchs-acquires-statoil-fuel--retail-lubricants-from-couche-tard.aspx?articleid=1492852|title = Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold}} |
| {{LVA}}
| style="text-align: center;" | 74 (Merged from 2017 till 2018) | style="text-align: center;" | 0 | style="text-align: center;" | 5 | style="text-align: center;" | - | style="text-align: center;" | 79 | style="text-align: center;" | Manager: Fuchs Petrolub from 2015{{Cite web|url=http://www.24hgold.com/francais/article-compagnie-or-argent-fuchs-acquires-statoil-fuel--retail-lubricants-from-couche-tard.aspx?articleid=1492852|title = Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold}} |
| {{LTU}}
| style="text-align: center;" | 63 (Merged from 2017 till 2018) | style="text-align: center;" | 0 | style="text-align: center;" | 13 | style="text-align: center;" | - | style="text-align: center;" | 77{{Cite web|url=http://vz.lt/sektoriai/prekyba/2015/09/22/statoil-degalines-keicia-pavadinima|title = "Statoil" degalinės keičia pavadinimą}} | style="text-align: center;" | Manager: Fuchs Petrolub from 2015{{Cite web|url=http://www.24hgold.com/francais/article-compagnie-or-argent-fuchs-acquires-statoil-fuel--retail-lubricants-from-couche-tard.aspx?articleid=1492852|title = Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold}} |
| {{NOR}}
| style="text-align: center;" | 427 (Merged from 2015 till 2016) | style="text-align: center;" | 1(data from April 6, 2017) | style="text-align: center;" | 145 | style="text-align: center;" | - | style="text-align: center;" | 572 | style="text-align: center;" | Manager: Fuchs Petrolub from 2015{{Cite web|url=http://www.24hgold.com/francais/article-compagnie-or-argent-fuchs-acquires-statoil-fuel--retail-lubricants-from-couche-tard.aspx?articleid=1492852|title = Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold}} |
| {{POL}}
| style="text-align: center;" | 249 (Merged in 2016) | style="text-align: center;" | 0 | style="text-align: center;" | 48 | style="text-align: center;" | - | style="text-align: center;" | 297 |
| {{RUS}}
| style="text-align: center;" |19 (Merged in 2018) | style="text-align: center;" |19 | style="text-align: center;" | - | style="text-align: center;" | - | style="text-align: center;" | 19 |
| {{SWE}}
| style="text-align: center;" | 682 (Merged from 2015 till 2016) | style="text-align: center;" | 0 | style="text-align: center;" | - | style="text-align: center;" | 123 | style="text-align: center;" | 805 | style="text-align: center;" | Manager: Fuchs Petrolub from 2015{{Cite web|url=http://www.24hgold.com/francais/article-compagnie-or-argent-fuchs-acquires-statoil-fuel--retail-lubricants-from-couche-tard.aspx?articleid=1492852|title = Statoil FUCHS acquires Statoil Fuel & Retail Lubricants from Couche-Tard by 24hGold}} |
References
{{Reflist|2}}
External links
- {{official website|http://www.statoilfuelretail.com/}}
{{Portal|Companies|Energy|Norway}}
{{Clear}}
{{DEFAULTSORT:Statoil Fuel and Retail}}
Category:Automotive fuel retailers
Category:Defunct oil companies
Category:Oil companies of Norway
Category:Retail companies of Norway
Category:Alimentation Couche-Tard
Category:Companies based in Oslo
Category:Energy companies established in 2010
Category:Retail companies established in 2010
Category:Retail companies disestablished in 2016
Category:2016 disestablishments in Norway
Category:Defunct energy companies of Norway
Category:Companies formerly listed on the Oslo Stock Exchange
Category:2012 mergers and acquisitions