Canadian corporation Couche-Tard has finalised a deal to buy all of the Shell petrol stations in Denmark.
The 131 outlets are scattered around the country and consist of both manned and unmanned stations. Couche-Tard already operates the Statoil stations in Denmark.
While some of the Shell stations will keep their name, many Shell and all the Statoil locations will soon be undergoing a name change to Circle K.
Couche-Tard acquired Statoil three years ago, and part of the agreement was that all the locations undergo a name change before 2021.
All Statoil credit card customers will get a new Circle K card over the course of the next two years.
Shell promises that euroShell and Shell Cards will continue to be honoured in Denmark.
Parts of the deal still remain to be approved by the competition authorities.