Fuel and Automotive Property Advisers
+44 (0) 121 308 6060
21.06.2021
Britain’s fourth-largest supermarket chain Wm Morrison said on Saturday evening that it had rejected an unsolicited £8.7bn takeover bid from US private equity group Clayton, Dubilier & Rice. The statement came in response...
03.04.2021
When the government imposed the UK’s first lockdown last year, fuel revenue shrank at the petrol station in North London managed by Shahed Murshed. Grocery sales, however, kept on flowing. “Rather than buying a...
15.03.2021
Number one Top 50 Indie MFG is to invest around £400m in ’ultra-rapid’ EV chargers for its 918-strong UK-network over the next decade. It also plans to invest over £50m in 2021 to...
03.02.2021
Euro Garages’ parent company EG Group has agreed a deal to acquire Asda’s petrol filling stations, car washes and ancillary land for £750m. The announcement follows the earlier deal on 2 October 2020,...
22.12.2020
Applegreen said on Tuesday 22 December 2020 that it would be taken private by a consortium led by its founders and Blackstone Infrastructure Partners in a deal that values the Irish petrol station...
10.12.2020
Forecourt retailer Applegreen said on Thursday its co-founders and a part of the Blackstone US private equity group have come together to bid to take the company off the stock market at a price of €5.75 per...
03.12.2020
For Big Oil, coffee and chocolate could be the new black gold. Under pressure from investors and governments alike to cut emissions, major European oil companies are ploughing billions into renewable energy but...
07.10.2020
UK’s Universities Superannuation Scheme (USS) is investing £400m (€437m) for a 49% stake in a UK fuel station portfolio owned by oil major BP. USS Investment Management, the in-house manager for the £68bn...
21.09.2020
LondonMetric has pressed ahead with its move into roadside property after snapping up a trio of BP petrol stations. The FTSE 250 REIT snapped up two petrol stations around Brighton and one in...
18.08.2020
Marshall Motors has signaled takeovers will recommence as the market consolidates in its latest half-year results. The group’s half-year results were, unsurprisingly, down on last year, with an underlying loss before tax of...