Couche-Tard

EG Group finalise Oliver’s Real Food deal

Health-focussed fast food chain Oliver’s Real Food (OLI) has finalised a long-term supply agreement with UK based EG Group. Under the agreement EG will pay Oliver’s a one off $500,000 license fee for the exclusive use of Oliver’s branding under a 10 year deal. Oliver’s will also supply all products sold at EG’s Oliver’s outlets. …

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Caltex one step closer to Ampol rebrand

Caltex has revealed the newly redesigned Ampol logo as it gears up for a major rebrand back to the name. Unveiling the modernised logo on Wednesday, Caltex said it “nods to our proud 80 year history, but is a modern reflection of our organisation, as it exists today”, adding it symbolised ‘forward momentum’ and reflected …

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COVID-19 puts Caltex deal on ice

  Couche-Tard (ATD) has shelved their acquisition plans for Caltex amid the uncertainty and negative financial impact of COVID-19. The Canadian convenience giant has announced that while they view Caltex as a ‘strong strategic fit’ for their brand and an ‘important component for its Asia Pacific expansion strategy’, they will not proceed with the $8.8 billion …

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Couche-Tard make final Caltex bid

Canadian conglomerate Couche-Tard have put forward their final bid for Caltex. Caltex confirmed this morning they had received the revised bid from Alimentation Couche-Tard (ATD) to acquire all shares at a price of A$35.25 per share (less dividends). The deal is estimated to be worth $8.8 billion. The higher bid follows Caltex sharing non-public information …

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Caltex confirm multiple companies interested

  Caltex Australia have confirmed they have been approached by the UK Group EG Group. Releasing a statement following media speculation of the approach, the company announced they have had approaches from multiple parties showing interest in acquiring Caltex or part thereof. However they note they have not received any proposed to acquire the company …

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