This follows 18 months of discussions with the American company regarding the future of the licence agreement.
They will continue with plans to transition to the company-owned Ampol brand.
The transition will be undertaken in a capital disciplined way as part of the roll out of Caltex’s broader branded network strategy, with an indicative capital cost of approximately $165m over a three-year period.
Shares in Caltex Australia (ASX:CTX) are trading 0.4 per cent lower at $34.05