Top 50 Indie Motor Fuel Group (MFG) has agreed deals to buy two fellow Top 50 Indies which will add a total of 29 sites to the group.
The largest deal was for Bolton-based Synergie Holdings Limited, which has a network of 19 forecourts situated throughout the north-west of England, many of them offering convenience and food-to-go offers. The transaction is scheduled to close early this month.
Four days after announcing the Synergie deal MFG revealed that it had also bought Roadside Group, which operates 10 stations throughout the north-east of England, with its flagship forecourt located at Newcastle Airport. This transaction is scheduled to close in early October.
Commenting after the second deal, MFG chief operating officer Jeremy Clarke said: "We are delighted to confirm this transaction within days of our Synergie deal.
"This is an important strategic acquisition for us. Until now, we have only had a couple of stations in the North East. The addition of this high-quality network will give us some real momentum in this region of the UK.
"This acquisition will bring our total number of stations to 405 and by breaking the 400 barrier, we are getting closer to our stated objective of becoming the UK’s most dynamic and profitable independent forecourt operator."
Clarke added: "This acquisition is just a part of our exciting 2016 programme. We are already well into an extensive shop rebranding programme following the signing of a new shop supply agreement with Booker Retail Partners.
"We are also embarking on a significant development programme increasing retail space and introducing new food-to-go offers at key locations throughout our forecourt estate."