All Applegreen articles

  • Applegreen generic
    News

    Applegreen founders strike a deal to take the company private

    2021-01-04T13:17:00Z

    Plans by Applegreen’s founders to take the company private have been agreed in a deal that values the group at about £650m. The company’s independent directors agreed unanimously to the deal with a consortium including B&J Holdings Limited and Blackstone Infrastructure Partners.

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    Cash offer to buy Applegreen set for approval by independent directors if confirmed

    2020-12-11T13:09:00Z

    A cash offer has been made to buy Applegreen, and the company’s directors have indicated they will unanimously recommend shareholders accept the offer if it is confirmed.

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    Applegreen agrees deal to accept Allstar fuel cards at all UK mainland locations

    2020-11-04T15:04:00Z

    Applegreen has agreed a deal with fuel management company Allstar Business Solutions which means Allstar fuel cards will be accepted at all of Applegreen’s mainland UK locations.

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    News

    Police appeal after man armed with hammer robs service station

    2020-10-02T11:57:00Z

    Police investigating a robbery at a Shropshire service station are appealing for witnesses.

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    News

    Applegreen reports sharp recovery in sales following a 26.6% fall in first half

    2020-09-18T16:13:00Z

    Applegreen has reported a sharp recovery in sales following the lockdown as it recorded a 26.6% reduction in sales for the first half of 2020.

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    Applegreen secures additional funding for Welcome Break during Covid-19 crisis

    2020-07-01T11:12:00Z

    Applegreen has announced that it has secured additional funding for its motorway services subsidiary Welcome Break to enhance its liquidity during the Covid-19 crisis.

  • Applegreen reveals it is trading above its expectations
    News

    Applegreen reveals it is trading above its expectations

    2020-05-13T00:00:00Z

    Applegreen plc has revealed that all its sites have remained open during the Covid-19 lockdown, and current trading levels are ahead of its expectations for the second quarter. It added that the recent easing of movement restrictions in each of its markets has resulted in increased traffic volumes. ...

  • News

    Applegreen still confident about long-term growth

    2020-04-07T00:00:00Z

    The chief executive of Applegreen has said he is confident the business can achieve long-term growth, despite any uncertainty caused by the coronavirus pandemic, and revealed how it is affecting the company in the short term. Unveiling the group’s results for 2019, Bob Etchingham said: "We are highly conscious of ...

  • Applegreen boss confident of achieving long-term growth
    News

    Applegreen boss confident of achieving long-term growth

    2020-03-27T00:00:00Z

    The chief executive of Applegreen has said he is confident the business can achieve long-term growth, despite any uncertainty caused by the coronavirus pandemic, and revealed how it is affecting the company in the short term. Unveiling the group’s results for 2019, Bob Etchingham said: “We are highly conscious of ...

  • Applegreen takes short-term action to conserve cash
    News

    Applegreen takes short-term action to conserve cash

    2020-03-25T00:00:00Z

    Top 50 Indie Applegreen has announced a number of short-term actions to conserve cash during the uncertainty caused by the coronavirus pandemic. The group’s 2019 results are due to be released on Friday March 27 and it said profitability for 2019 would be in line with market consensus, driven by ...

  • Applegreen expects greater benefits from Welcome Break
    News

    Applegreen expects greater benefits from Welcome Break

    2019-09-25T00:00:00Z

    Applegreen has reported the integration of Welcome Break into the business is going well and could provide greater savings than originally expected, as it published its results for the six months ended 30 June 2019. It said: “The integration of Welcome Break, which was acquired in October 2018, is going ...

  • News

    Applegreen launches low-price motorway fuel

    2019-09-09T00:00:00Z

    Applegreen appears to be extending its low-fuel price proposition to its Welcome Break estate with the introduction of a fuel brand from its Irish operation and a pledge to offer the "lowest motorway fuel prices". Welcome Break has launched the fuel brand called Fuelgood, which is currently only available in ...

  • Applegreen issues challenge on motorway fuel prices
    News

    Applegreen issues challenge on motorway fuel prices

    2019-08-09T00:00:00Z

    Applegreen appears to be extending its low fuel price proposition to its Welcome Break estate with the introduction of a fuel brand from its Irish operation and a pledge to offer the “lowest motorway fuel prices”. Welcome Break has launched the fuel brand called Fuelgood, which is currently only ...

  • Applegreen buys a stake in 23 US service stations
    News

    Applegreen buys a stake in 23 US service stations

    2019-08-07T00:00:00Z

    Applegreen has struck a deal to acquire a 40% holding in 23 service stations in Connecticut, in the US. The company is part of a consortium that has agreed to takeover CT Service Plazas, the owner of the sites, which are located on three high-traffic routes that are the ...

  • Applegreen moves into US mid-west with 46 new sites
    News

    Applegreen moves into US mid-west with 46 new sites

    2019-06-26T00:00:00Z

    Applegreen has made its first major acquisition in the mid-west of the US. The company has agreed a 10-year lease for 46 petrol filling stations with convenience stores in the states of Michigan, Minnesota and Wisconsin, with a significant number of the sites concentrated in and close to the ...

  • Applegreen exploring new opportunities in the US
    News

    Applegreen exploring new opportunities in the US

    2019-06-05T00:00:00Z

    Applegreen is continuing to explore new opportunities in the US, its chairman, Daniel Kitchen, has told shareholders at its AGM. Giving an update for the first five months of 2019, he said: “The US business is performing well and we continue to explore new opportunities in this market.” Last year ...

  • Gang of robbers raid Applegreen site in Hampshire
    News

    Gang of robbers raid Applegreen site in Hampshire

    2019-05-22T00:00:00Z

    Officers from Hampshire Police are investigating after a gang robbed a forecourt in West End, east of Southampton. At about 4.30am on Monday 20 May a group of around five or six men carrying metal objects forced entry to the Applegreen Service Station on Swaythling Road. A member of staff ...

  • Applegreen UK wins award for online recruitment
    News

    Applegreen UK wins award for online recruitment

    2019-03-22T00:00:00Z

    Applegreen UK and Blue Octopus, an online recruitment specialist, have won an award at the 15th annual Onrec Annual Online Recruitment Awards. The ceremony celebrates innovation and achievements within the online sector of the recruitment industry. Applegreen, along with partners Blue Octopus received the win for “Innovative Use of Social ...

  • Applegreen increases turnover to €2.0bn
    News

    Applegreen increases turnover to €2.0bn

    2019-03-22T00:00:00Z

    Applegreen plc has announced group revenue increased by 41% to €2.0bn for the year ended 31 December 2018. Adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) increased by 46% to €58.1m in 2018, compared with €39.8m in 2017. Excluding the Welcome Break acquisition, Applegreen’s adjusted EBITDA increased by ...

  • News

    Applegreen completes Welcome Break deal

    2018-12-12T00:00:00Z

    Applegreen has completed the transaction which makes it the second largest motorway service area operator in the UK. In a Stock Exchange announcement on November 1, it confirmed it had completed the deal which gives it a 50.01% controlling stake in Welcome Break. The current Welcome Break CEO, Robbie ...