Goole-based family business Jos Richardson & Son has purchased BP-branded York Road Garages with Costcutter shop on the A19 at Escrick, near York from Escrick Ltd for an undisclosed sum.
This purchase means Jos Richardson & Son will now have four sites. The £30m turnover business, established in 1892, also operates a Shell site in Goole, two Jet-branded forecourts in Primrose Valley and Filey. All three have Spar c-stores.
The transaction sees the company acquire the entire issued share capital of York Road Garage (Escrick) as part of its ongoing development plans.
Commenting on the acquisition, Jos Richardson & Son director, Joseph Richardson, said: “The Escrick site is an ideal addition to our existing portfolio. It fits perfectly with our ongoing expansion strategy of acquiring fuel stations and convenience stores which we believe we can enhance over time.”
Jos Richardson & Son employs 80 people and is headquartered at its Glews Garage offices in Goole just off Junction 36 of the M62, which is also the location of the company’s Peugeot and Vauxhall dealerships.