Divestiture • Retail

Alimentation Acquires TotalEnergies - European Assets

On March 16, 2023, Alimentation acquired retailer TotalEnergies - European Assets from TotalEnergies

Acquisition Context
  • This is Alimentation’s 7th transaction in the Retail sector.
  • This is Alimentation’s 1st transaction in France.

Explore All 417 Divestiture Retail Deals - Search the Database Free


M&A Deal Summary

Date March 16, 2023
Target TotalEnergies - European Assets
Sector Retail
Buyer(s) Alimentation
Sellers(s) TotalEnergies
Deal Type Divestiture

Target Company

TotalEnergies - European Assets

Paris, France
TotalEnergies's European Assets comprise 100% of TotalEnergies retail assets in Germany and the Netherlands as well as a 60% controlling interest in the Belgium and Luxembourg entities.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Alimentation

Laval, Quebec, Canada

Category Company
Founded 1980
Sector Retail
Employees150,000
Revenue 72.9B USD (2025)
DESCRIPTION

Alimentation is a convenience store operator in with more than 13,000 stores across Canada, the United States, Europe, Mexico, Japan, China, and Indonesia. Alimentation was incorporated in 1980 and is based in Laval, Quebec.


Deal Context for Buyer #
Overall 9 of 11
Sector: Retail 7 of 9
Type: Divestiture 2 of 4
Country: France 1 of 1
Year: 2023 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-27 Big Red Stores

Bryant, Arkansas, United States

Big Red Stores is a family-owned business that serves over 40,000 customers per day throughout 36 locations around the state. Services vary from location to location though many offer coffee, drinks, snacks, a car wash, movie rental, propane, ice, and basic groceries. As an added benefit, many of its Big Red Stores are co-branded with companies such as Baskin Robbins, Subway, Dairy Queen, Mcdonald's, Hardees, and Burger King. Big Red Stores was formed in 1997 and is based in Bryant, Arkansas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-27 MAPCO Express - 112 Fuel and Convenience Retail

Brentwood, Tennessee, United States

MAPCO Express's 112 Fuel and Convenience Retail includes a strong network of modern, high-quality, well-located sites in attractive and desirable markets predominantly in Tennessee and Alabama, but also in Kentucky and Georgia.

Buy -

Seller Profile 1

SELLER

TotalEnergies

Courbevoie, France

Category Company
Founded 1924
Sector Oil/Gas Exploration
Employees62,796
Revenue 195.6B USD (2024)
DESCRIPTION

TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables, and electricity. TotalEnergies was founded in 1924 and is based in Courbevoie, France.


Deal Context for Seller #
Overall 10 of 13
Sector: Retail 1 of 1
Type: Divestiture 9 of 11
Country: France 6 of 8
Year: 2023 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-27 CEB

Landivisiau, France

CEB owns the Landivisiau natural gas combined cycle power plant. The Landivisiau plant provides significant and stable electricity capacity with state-of-the-art technology and superior thermal efficiency, producing around 20% of the region’s needs. CEB was founded in 2012 and is based in Landivisiau, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-25 Total Eren

Paris, France

Total Eren has built up a substantial and diversified portfolio of wind, solar and hydraulic assets representing an installed gross capacity of 650 MW in operation or under construction worldwide. The company is currently developing numerous projects in Asia-Pacific, Africa, and Latin America. Its objective is to achieve a net installed capacity of at least 3 GW by 2023. Total Eren is based in Paris.

Sell €3.8B

Explore Related M&A Activity