All Applegreen articles – Page 3
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NewsApplegreen share placing raises £156m for Welcome Break deal
Applegreen has raised €175m (£156m) through a share placing with existing and new institutions to part fund the acquisition of a majority stake in the motorway service area operator Welcome Break. In the announcement revealing the new funding the company said the share offer was “significantly oversubscribed”. The new shares ...
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NewsApplegreen gearing up for “transformational” growth in UK
Top 50 Indie Applegreen achieved sharply increased turnover and profits in the six months ended 30 June 2018, and is gearing up for major expansion in the UK. Its interim results show group revenue increased by 27% to €854.9m, compared with the same period a year earlier, and adjusted EBITDA ...
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Applegreen ups UK stake with Welcome Break bid
Top 50 Indie Applegreen is set to increase its stake in the UK market with the acquisition of a majority stake in motorway service area (MSA) operator Welcome Break, in a 361.8m (£321m) deal. The deal will make Applegreen one of the big three MSA operators in Britain, and is ...
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Applegreen switches to full recyclable coffee cups
Top 50 Indie Applegreen has reinforced its environmental credentials by switching to using fully recyclable paper cups across its estate. Applegreen is using the reCUP, which is made by CupPrint. These cups use EarthCoating, a fully recyclable lining engineered to be processed easily through traditional paper recycling equipment, which can ...
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Applegreen switches to fully recyclable paper cup across estate
Top 50 Indie Applegreen has reinforced its environment credentials by switching to using a fully recyclable paper cup across its estate. Applegreen is using the reCUP recyclable paper cup, which is made by cup manufacturer CupPrint. The new recylable cups use EarthCoating, a fully recyclable lining engineered to be processed ...
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NewsApplegreen adds to estate in US with acquisition of seven sites
Applegreen’s US arm has bought seven forecourt sites with S-Mart branded convenience stores in South Carolina, and a wholesale fuels distribution business, from Carolina Convenience Corporation. The S-Mart stores offer BP- and Exxon-branded fuel as well as a full array of convenience merchandise, and one of the stores is co-branded ...
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NewsApplegreen agrees deal to take over Welcome Break
Top 50 Indie Applegreen is set to increase its stake in the UK market with the acquisition of a majority stake in motorway service area (MSA) operator Welcome Break, in a €361.8m (£321m) deal. The deal will make Applegreen one of the big three MSA operators in Britain, and ...
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NewsApplegreen UK joins BOSS’s Payment Watch service
Top 50 Indie Applegreen UK, which has more than 100 sites in the UK, has joined BOSS, The British Oil Security Syndicate. Adrian Grimes, head of UK operations at Applegreen, said: “We’ve looked carefully at various options and decided to join BOSS to take advantage of its Payment Watch service ...
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NewsApplegreen completes 80th Subway outlet
Top 50 Indie Applegreen has installed its 80th Subway outlet within its UK and Ireland-based network. The store is at the Applegreen forecourt at Millfield Shopping Centre in Balbriggan, Republic of Ireland. The store features Subway’s new Fresh Forward decor, a format designed to offer customers an enhanced brand experience, ...
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More sites for Applegreen in US with new Florida deal
Applegreen is set to expand further in the US after agreeing a deal to lease a network of 43 sites in Florida from CrossAmerica Partners (CAP). This transaction is expected to complete, subject to a number of conditions, in the third quarter of this year.Applegreen chairman Daniel Kitchen said: "We ...
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NewsApplegreen agrees deal to acquire a further 43 US sites
Applegreen is set to expand further in the US after agreeing a deal for a network of 43 petrol filling station sites in Florida from CrossAmerica Partners (CAP). Under the terms of the arrangement, Applegreen will enter into a long-term agreement to lease the property assets from CAP. This transaction ...
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NewsKefron speeds up Applegreen’s accounts payable
Kefron, a document management software provider, has provided new automated Accounts Payable system to Applegreen that has significantly reduced invoice processing time from days to hours. Applegreen plc is a rapidly growing petrol retailer and has grown to more than 340 stores across Ireland, the UK and the US. This ...
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NewsApplegreen increases revenue by 21%
Applegreen grew its overall estate by 99 sites to 342 sites in the year to December 31, 2017, and added 77 new food outlets over the same period, its annual results show. The company reported revenue up 21% on the previous year to €1,428.1m, and adjusted EBITDA increased by 24% ...
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NewsApplegreen takes over lease on site in Birmingham
Rapleys has completed a deal with Applegreen almost opposite one of the first sites it acquired in the UK, also in a deal with Rapleys. In 2009 the property consultants sold the former Texaco site on the eastbound carriageway of the A45 in Birmingham to Applegreen, making it one of ...
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NewsProperty company buys Applegreen site for £3.82m
A property investment company has acquired an Applegreen petrol filling station in Crawley, West Sussex, for £3.82m. AEW UK Long Lease REIT plc said the acquisition price reflects a net initial yield of 5.3% and provides it with a lease term of 15 years to expiry with three-yearly rental uplifts ...
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NewsShop Doctor: In the surgery this month - Applegreen A14 Spaldwick, near Huntingdon
LOCATION: on the trunk road service area of the busy A14 near Huntingdon. FORECOURT: This is a fabulous looking site. It’s spacious and easy to move about on in the car and on foot. There’s plenty of parking. Fuel prices are marginally lower than the Tesco in Huntingdon and quite ...
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Applegreen - winner by design
M1 Lisburn was designed to be bigger and better than anything Applegreen had done before, and so it proved. At the Forecourt Trader awards ceremony in September, the company walked off with the biggest prize the Forecourt Trader of the Year trophy. "We were absolutely delighted to win this award ...
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Applegreen funds further growth through share issue
Applegreen says it is well placed to invest in further growth opportunities after it raised 46.9m (£41.1m) with a new placing of shares. The placing shares represent approximately 10% of the company’s issued share capital prior to the placing.Commenting on the placing, CEO Bob Etchingham said: "We are delighted to ...
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Forecourt Trader of the Year: Joe Barrett and John Diviney, Applegreen M1 Southbound Lisburn, County Down
This is a site with the wow factor, and the highest-scoring operation across all the regional entries in this year’s awards, with its striking design, full of innovation and flair. M1 Lisburn was designed to be bigger and better than anything that Applegreen had done before. It has a total ...
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NewsApplegreen raises more cash for investment
Applegreen says it is well placed to invest in further growth opportunities after it raised €46.9m (£41.1m) with a new placing of shares. The placing shares represent approximately 10% of the company’s issued share capital prior to the placing. Commenting on the placing, CEO Bob Etchingham said: “We are delighted ...