Circle K has acquired Hanex
January 2025 — Hanex has been acquired by Circle K. This transaction highlights a key aspect of Circle K’s growth strategy, aimed at expanding its fuel station network across the Netherlands.
Circle K is a US-based independent refueling station operator with more than 16,700 locations. The company is known for its investments in modern concepts, including innovative stores, food, drinks, 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.
Hanex specializes in operating manned refueling stations across the Netherlands. In addition to selling fuels, the company offers services such as car wash facilities. Hanex also has an electric vehicle charging station at one of its locations, marking its first steps toward supporting sustainable mobility solutions.
Our role in the transaction
Oaklins’ team in the Netherlands served as the exclusive M&A buy-side advisor to Circle K in its acquisition of Hanex. This transaction highlights the team’s strong track record and expertise in (renewable) energy and (alternative) fuels.
Talk to the deal team
Roemer Reijalt
Oaklins Netherlands
Related deals
Empresa Eléctrica Cochrane has completed a corporate restructuring and liability management process
AES Andes S.A. has completed a corporate restructuring and liability management process that included the acquisition of Toesca’s indirect interest in Empresa Eléctrica Cochrane S.p.A. (Cochrane); the prepayment of Cochrane AES’s 5.50% 2027 international bond; the exchange of Cochrane’s BCOCH-A local bonds for new international bonds issued in Rule 144A/Regulation S format for US$485 million; and the merger between Cochrane and AES Andes.
Learn morePresight Solutions has been acquired by Banyan Software
Banyan Software, a leading acquiror and operator of mission-critical software businesses, has entered Norway with the acquisition of Presight Solutions AS, a SaaS company delivering advanced software for safety, operational integrity and regulatory compliance in high-risk industries. The transaction marks a new chapter for Presight, strengthening its ability to scale while preserving the product focus, sector expertise and customer trust built since its founding in 2003.
Learn moreStrawberry Equities has sold Ecohz to Caely Renewables
Ecohz, a global renewable energy company, has been acquired by environmental commodity trading house Caely Renewables from Strawberry Equities. The transaction marks an important new chapter for Ecohz and brings together two organizations with complementary strengths, aligned in their commitment to accelerating the global energy transition.
Learn more