Merger is ‘culmination of 49 years in the industry’

8-Merger430px

Creating destination sites – Rontec’s ‘Shop n Drive’ brand sells its own ‘Eat Me’ food range

Having merged his two petrol retailing businesses – Snax 24 and Rontec – chairman Gerald Ronson has created one of the UK’s largest roadside retail businesses.

Over the last 12 months Rontec has made acquisitions totalling over £100 million pounds.

Based on delivery of 250 million litres of fuel per year and with a potential value of £1 billion over five years, the enlarged Rontec group has also entered into a five-year supply deal with BP.

Snax 24’s 44 sites have been added to Rontec’s 166 sites creating a business with 210 stations, including two motorway sites, and total combined sales per annum of around £1.5 billion; the majority of the enlarged group’s sites are freehold.  The group, substantially all of which is owned by Gerald Ronson and his family and charitable trusts, will operate under the Rontec name, is based in Watford, and provides employment for 2,500 people nationwide.

“Having opened our first petrol station in St Albans in 1966 and developed nearly 1,000 in the UK since, this is a business we’re passionate about,” said chairman Gerald Ronson CBE, who pioneered self-service petrol stations in the UK.

rontec.com

Post a comment or leave a trackback: Trackback URL.

Post a Comment

You must be logged in to post a comment.