deal follows takeover

Circle K acquires three fuel depots from TotalEnergies in Germany

Circle K heeft een overeenkomst getekend voor de overname van drie brandstofdepots van TotalEnergies in Duitsland.
De overname van de drie brandstofdepots zal volgens Circle K de leveringszekerheid en operationele efficiëntie verbeteren. Foto: Shutterstock, 2026

Circle K has signed an agreement to acquire three fuel depots from TotalEnergies in Germany. This is the company’s latest move to strengthen its supply chain in a key European market.

The deal follows TotalEnergies’ January 2024 acquisition of nearly 2,200 fuel depots in Germany, the Netherlands, Belgium and Luxembourg. The facilities, located in Duisburg, Heilbronn and Kehl, store fuels including diesel, petrol, additives and heating oil. Circle K says the integration of these depots into its logistics network will improve security of supply and operational efficiency, especially in high-demand regions. “The three locations give us additional momentum to deliver competitively priced fuels to our customers,” said Christian Howe, vice president of Circle K Germany.

The acquisition underlines Circle K’s continued expansion in European fuel retail, where logistics integration has become increasingly important amid volatile global supply conditions.

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This article was automatically translated from the Dutch language original to English (British).

Author: Paul Blonk

Source: MobilityEnergy.com

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