All Zuber Issa articles – Page 6
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News
Euro Garages buys four more High Noon forecourt sites
Euro Garages has bought four more forecourt sites from the stricken former Top 50 Indie High Noon Stores, which went into administration in January. Specialist business property adviser Christie & Co has facilitated the completion of the sale of a group of four leasehold petrol forecourt sites in the South ...
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News
Euro Garages closes deal to buy Little Chef
Euro Garages co-ceo Zuber Issa has confirmed to Forecourt Trader that the company completed a deal to buy the Little Chef chain of roadside restaurants on February 1. Little Chef was previously owned by the Kout Food Group, which bought the chain in 2013 for £15m. A spokesperson for Intervias, ...
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Analysis
Investing in growth
Many dealers continued adding to their estates in 2016, driving up demand, and therefore the value of sites fuelling continued optimism and investment in the fuel retailing sector.Clive Sheppard, director of Top 50 Indie Chartman:"2017 promises to be our most exciting year yet. Ongoing investment by the forecourt industry ...
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News
Euro Garages merges to form giant group
Euro Garages has merged with the Continental operator EFR to form a group with 1,450 locations and annual turnover of about €6bn. Euro Garages and EFR will continue to operate under their own names with their current CEOs and senior leadership teams, and a new holding company named Intervias has ...
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News
Euro Garages strengthens management team
Euro Garages has made a key appointment to its management team to further its ambitions of growth in Europe. Imraan Patel has become first group general counsel and company secretary, effective immediately. He has joined the executive board and has ultimate responsibility for all legal, regulatory and compliance matters ...
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News
Vote now for this year’s Special Recognition award
The hunt is on for this year’s Special Recognition award (previously known as Retailer Champion); which is supported by the Forecourt Trader of the Year Awards 2016’s main sponsor, Certas Energy. We’d like you to vote for the person/people who you think are blazing a trail in the forecourt retailing ...
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News
Euro Garages recruits international experience
Euro Garages has made a key appointment as the company gears up for international expansion, with Michael Hughes becoming group chief financial officer. Hughes has joined from Ausurus, parent company of European Metal Recycling, and played a key role in Ausurus’s international expansion, embedding over 50 acquisitions and raising more ...
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News
King of the road
This month sees the launch of the Forecourt Trader of the Year Awards 2016. Celebrating its 20th birthday this year, the awards have long been established as the showcase for the petrol retailing industry recognising and rewarding those businesses at the leading edge of their profession that continue to thrive ...
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News
Euro Garages commits to Wilcomatic
Euro Garages has awarded vehicle wash specialist Wilcomatic a further three-year contract for maintenance and the supply and topping up of wash chemicals.The contract, finalised at the Top 50 Indies dinner at the Hilton in Syon Park, includes all 34 former Esso service stations that were purchased by Euro Garages ...
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News
Euro Garages signs three-year deal with Wilcomatic
Euro Garages has awarded vehicle wash specialist Wilcomatic a further three-year contract for maintenance and the supply and topping up of wash chemicals. The contract, finalised at the Top 50 Indies dinner at the Hilton in Syon Park, includes all 34 former Esso service stations that were purchased by Euro ...
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News
Euro Garages doubles profits
Euro Garages turnover was up 26% to £816m for the year to July 31, according to accounts just filed at Companies House, and pre-tax profit more than doubled to £34.8m compared with £15.3m the previous year. Early in the year covered by the accounts, Euro Garages completed the acquisition of ...
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News
Euro Garages turnover up 26% to £816m
Euro Garages turnover was up 26% to £816m for the year to July 31, according to accounts just filed at Companies House, and pre-tax profit more than doubled to £34.8m compared with £15.3m the previous year. Early in the year covered by the accounts, Euro Garages completed the acquisition of ...
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Analysis
World class
Euro Garages’ rapid growth in the UK since its formation in 2001 has already propelled it into third spot in the Forecourt Trader Top 50 Indies, and now it is aiming to become a leading player on a bigger stage. after a private equity firm agreed to invest in the ...
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News
New investor offers European growth for Euro Garages
Top 50 Indie Euro Garages looks set to become a leading player in Europe after a private equity firm agreed to invest in the company. TDR Capital, which already owns European Forecourt Retail Group (EFR-Group), has agreed to take a minority stake in Euro Garages which values the overall business ...
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Analysis
Shell sell-off completed
Little more than a month after Esso announced it had agreed deals to sell off its remaining 201 company owned sites to independent dealers, another swathe of oil company sites is heading for the independent sector, after Shell concluded deals to sell 185 of its forecourts.As with the Esso deal, ...
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Analysis
Merrril Boulton: Indies in overdrive
Yet another month of intense activity in the sector, and I don’t just mean all the trade exhibitions that were held last month including our own very successful Forecourt Show at the NEC. The head offices of MFG and Euro Garages must have been and will continue to be operating ...
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News
MFG and Euro Garages acquire bulk of Shell sell-off sites
Shell UK has accepted offers for the sale of 185 company-owned service stations from Motor Fuel Group and Euro Garages, following a confidential commercial process to find the right independent dealers to purchase up to 250 Shell sites, which began last Autumn. Motor Fuel Group (MFG) has acquired 90 sites, ...
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News
Euro Garages boosts its sales 47% to £646m
Euro Garages has grown sales by nearly 50% by further expanding its UK footprint and attracting new customers to its existing network.In results for the year to July 31, 2014, the Blackburn-based company saw turnover climb to £646m, a rise of 47% compared with 2013 (£439m), and profit was up ...
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News
Euro Garages boosts sales by nearly 50% to £646m
Euro Garages has grown sales by nearly 50% by further expanding its UK footprint and attracting new customers to its existing network. In results for the year to July 31, 2014, the Blackburn-based company saw turnover climb to £646m, a rise of 47% compared with 2013 (£439m), and profit was ...
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News
Forecourt Trader of the year awards 2014
best Design and Development sponsored by Harvest EnergyCarsley Group bought Wyboston Service Station two years ago with the intention of demolishing it and re-building a "state-of-the-art" petrol station. It closed in August 2013 and reopened in February 2014.Director David Court says: "We designed the site to be an eye-opener ...