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Konsumgüter & Handel | Energie

Hanex has completed a purchase price allocation

January 2025 — Hanex Tankstations has been acquired by Circle K. Following the acquisition, Circle K was required to perform a purchase price allocation (PPA) to allocate the consideration paid to all identifiable assets acquired and liabilities assumed.

Hanex specializes in operating manned refueling stations across the Netherlands. In addition to selling fuel, the company offers services including car wash facilities. Hanex also operates an electric vehicle charging station at one of its locations, marking its first step towards supporting sustainable mobility solutions.

Circle K is a US-based independent refueling station operator with more than 16,700 locations. The company invests in modern concepts, including innovative stores, food, beverages, car wash facilities and initiatives aimed at expanding electric vehicle charging infrastructure. Owned by the publicly listed Canadian company Alimentation Couche-Tard, Circle K has grown into a global brand operating in over 20 countries.

Our role in the transaction

Oaklins’ team in Netherlands advised Circle K during the post-transaction phase and produced a PPA report in accordance with International Financial Reporting Standard 3 (IFRS 3).

Sprechen Sie mit dem Deal-Team

Costas Constantinou

Partner
Amsterdam, Niederlande
Oaklins Netherlands

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