All Acquisitions articles
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NewsHighland plans £1m-plus development of Tothill Services with new business partner
Seasoned forecourt operator Steve Highland has gone into partnership with fellow BP dealer Ian Turner, with plans for a “well over a £1m” investment to transform Tothill Services into a “top notch” facility for truck drivers, as well as motorists.
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NewsPlatinum Retail has finance in place to expand to 100 sites
Sej Sejpal, the man behind Platinum Retail, has said he has finance in place to acquire 40 further filling stations.
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NewsSterling Petroleum sells five sites to Platinum Retail to fund growth
Nakendram Pitatheepan has sold five sites to Platinum Retail in a full circle deal, having been recruited by the Top 50 Indie as a contract manager seven years ago.
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NewsWelcome Break adds Cornwall Services to its portfolio
Motorway services operator Welcome Break has acquired Cornwall Services on the A30, 15 miles to the west of Bodmin.
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NewsGrove Retail grows portfolio with multi-site acquisition
Top 50 Indie Grove Retail has completed the acquisition of four filling stations, having bought the St Michaels portfolio in Scotland.
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NewsNew forecourt player: ‘We have very big aspirations’
Roadside Real Estate, the property business which is acquiring Gardner Retail, is redefining itself as a major new forecourt operator with more petrol station group takeovers on the way.
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NewsPhillips 66 buys Lindsey Refinery assets – but facility won’t reopen
Phillips 66 – the US energy company that also owns the Jet filling-station brand – has announced it is purchasing assets and infrastructure from the beleaguered Lindsey Oil Refinery following the latter’s liquidation.
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NewsGardner leaves industry selling six sites to Roadside Real Estate
Industry stalwart Clive Gardner is bowing out of petrol retailing after more than 54 years, selling his family’s six Gardner Retail forecourts to Roadside Real Estate for £17.8 million, according to the Abingdon, Oxfordshire-based property company.
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NewsTop 50 Indie Tankerford wins planning bid for new Norwich forecourt
A local authority’s planning committee has unanimously granted Tankerford planning permission to construct a new filling station on a main road near the centre of Norwich.
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NewsCertas seeks to double the size of its unmanned site portfolio
Certas Energy is engaged in a big acquisition push as it seeks to expand its network of unmanned Gulf-branded Fuel Express filling stations to 82 sites by the end of the decade.
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NewsForecourt sale completes just 10 days after offer being accepted
Forecourt property has been ‘hot’ for some time, but the recent sale of a Stoke-on-Trent filling station was speedy even by industry standards, with the deal completing just 10 days after the buyer’s offer was accepted.
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NewsSGN Retail acquires five sites as Rusdene Services leaves sector
Top 50 Indie SGN Retail has purchased a group of five forecourts from Rusdene Services, as the latter departs the fuel retailing sector after four decades in the business.
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NewsNiza Group grows to 13 sites with Midlands acquisition
Niza Group has grown to 13 sites with the acquisition of Robinson and Young Service Station, a forecourt and workshop in Wem, Shropshire, described as ripe for investment.
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NewsKaran Retail continues march into Scotland with 10th site north of the border
Karan Retail continues its march north of the border with its acquisition today (November 3) of Glencairn Service Station in Kilmarnock: its 10th site in Scotland and 46th in the UK.
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NewsJohnny Srikrishna plans knockdown rebuild of seventh forecourt
Top 50 Indies newcomer SJS Group has acquired its seventh forecourt, Crayford & Abbs in Mundesley, Norfolk, which it plans to knock down and rebuild.
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NewsAscona gains “strong foothold” into the South West with Newquay filling station
Top 50 Indie Ascona continues its march from its Welsh heartland with its latest acquisition, Westways Filling Station in Cornwall, bringing its nationwide network to 63 forecourts.
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NewsFormer petrol station colleagues acquire sixth site and counting
Shinon Group, run by two directors in their 30s and growing at a rate of at least one store a year since 2021, plans to invest around £350,000 in its latest and sixth acquisition.
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NewsForecourts that have been closed for 20+ years being reopened as demand for sites outstrips supply
Competition for forecourt acquisitions and lengthy, complex planning processes are seeing operators reopening filling stations that have been closed for decades, according to industry experts.
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NewsForecourt operator duo add Wakefield Road Service Station to portfolio
Forecourt operator duo Saqib Javaid and Zeeshan Ali have taken on their third site – Wakefield Road Service Station in Featherstone, West Yorkshire – in a leasehold purchase.
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NewsMarket for forecourt properties “remains hot”
An increasing number of retailers are looking to buy their first forecourt or expand their existing portfolios, with the property market for petrol stations said to be “hot”.