All Acquisitions articles – Page 2
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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”.
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NewsDavid Penny adds bakery to his growing empire
David Penny continues to add to his business empire with the acquisition of Barry’s Bakery – a northeast of England business which has been trading since 1957.
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NewsThe Biswas family build business in Norfolk with second site
The Biswas family, who previously owned forecourts around London, have bought Whittington Petrol Station on the A134 near King’s Lynn, Norfolk – their second in the county.
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NewsFamily in Dubai purchase Craven Park Service Station
Craven Park Service Station, a busy Total Energies petrol station in north-west London, has changed hands after more than 30 years of being owned by a trio of directors.
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NewsSon of forecourt operator goes solo with Gulf site
Karl Rashid, whose father owns a two-site forecourt business, has bought his own petrol filling station with his wife Olivia in Welford, Northamptonshire.
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NewsPricewatch Group: ‘We are still committed to operating forecourts’
Anthony and Paul Salvidge may have announced last week a “bitter/sweet” divestment of five of their 10 forecourts, but the brothers say they are far from done with the petrol station industry.
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NewsPricewatch halves its forecourt estate by selling five sites in Sussex
Anthony and Paul Salvidge have sold five of their 10 petrol filling stations, riding the wave of strong demand for forecourts, as they consider other business ventures.
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NewsLocker firm InPost buys Yodel to create UK’s third largest logistics firm
InPost, which operates around 9,000 drop-off and collection lockers around the UK, including at numerous forecourts, has acquired delivery firm Yodel in a £106m deal that creates the third largest logistics firm in the UK.
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NewsTop 50 Indie Grove Retail’s expansion plans continue with brace of developments
Planning documents have revealed how Top 50 Indie Grove Retail intends to continue its portfolio expansion, adding EV chargers and a jet wash to one site, and building a completely new filling station on another.
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NewsTop 50 Indie Jos Richardson opens its first new to industry forecourt
Joseph Richardson has succeeded in his long-held ambition of opening his first new to industry forecourt – the £3.5 million Eden Service Station in Malton, North Yorkshire.
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NewsDevon forecourt could return as petrol station
A prominent site in Paignton, Devon, which currently serves a motorhome showroom, could be returned to its old role as a filling station, a trend which has become established in the forecourt industry.
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NewsSewell on the go completes sale of Wyton Bar forecourt
Sewell on the go has sold its Wyton Bar filling station near Hull, East Yorkshire nine months after it put the site on the market to create capital to re-invest in other parts of the business.
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NewsTop 50 Indie entrant reveals latest 'tired' site transformation
New Top 50 Indie entrant Muresh Seevaratnam, who is rapidly growing his network by purchasing ‘tired’ forecourts to develop, is exceeding his sales predictions at the petrol filling station he opened last week after a £650,000 redevelopment.
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NewsAscona continues expansion with trio of Welsh forecourts
Ascona Group’s ambition to operate over 150 sites within the next three years came one step closer this week after three forecourts in Wales were brought under the firm’s wing.
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NewsSt Ives acquisition takes Tom Highland half way to 10-site target
Tom Highland is half way to his target of operating 10 sites by the age of 40, with the acquisition of a former BP/M&S forecourt in St Ives town centre, Cambridgeshire.
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NewsTop 50 Indie Karan Retail builds network in southwest of England
Top 50 Indie Karan Retail has acquired its 43rd site – Braunton Service Station near Barnstaple in north Devon – building on its presence in the southwest of England.
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