Top 50 Indie Euro Garages has appointed the former chairman and CEO of Asda as executive chairman. Andy Bond has invested an undisclosed sum in the business alongside Mohsin and Zuber Issa.
Euro Garages operates 70 freehold sites across the North of England and the Midlands, has increased sales by 150% in the past five years from £117m to £285m, and employs 1,000 people.
It has launched partnerships with several big brands, including Spar, Subway, Burger King and Greggs.
Bond said: "I’ve been hugely impressed by the business and the team at Euro Garages. In just 10 years it has achieved significant scale and earned a well-deserved reputation for innovation, quality and customer service values which are real success drivers in retail. I’m looking forward to helping the team continue its impressive growth."
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