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Allegro Funds acquires Gull for $572 million

PRIVATEOct 31, 2026

Acquiring Company

Allegro Funds

Acquired Company

Gull

AustraliaOil And GasGroceryRetail

Description

Allegro Funds has acquired discount petrol retailer Gull from Ampol for $572 million. This sale paves the way for Ampol's takeover of Z Energy. The deal includes a five-year supply agreement and requires regulatory approval.

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Company Information

Company

Allegro Funds

Location

Australia

About

Allegro Funds is a private equity firm based in Australia. They specialize in investing in mid-market companies. The firm aims to drive growth and create value through active management and strategic guidance.

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Frequently asked

Who acquired Gull?

Gull was acquired by Allegro Funds, based in Australia. The deal was reported on October 31, 2026. Allegro Funds is a private equity firm based in Australia. They specialize in investing in mid-market companies. The firm aims to drive growth and create value through active management and strategic guidance. Allegro Funds is privately held.

When did Allegro Funds acquire Gull?

Allegro Funds's acquisition of Gull was reported on October 31, 2026. Allegro Funds has acquired discount petrol retailer Gull from Ampol for $572 million. This sale paves the way for Ampol's takeover of Z Energy. The deal includes a five-year supply agreement and requires regulatory approval. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Gull do?

Gull is a discount petrol retailer in Australia known for providing competitive fuel pricing and simplified operations. The retailer focuses on customer value and aims to disrupt the market by challenging larger oil companies. It is privately held, operating in Oil And Gas.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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