Pembroke Dock independent forecourt operator Ascona has further expanded with the acquisition of Bridgwater Road Service Station in Bristol.
The latest deal takes its portfolio to 61 sites across the º£½ÇÊÓÆµ as it remains on track to having 300 over the next five years.
As part of an upgrade Bridgwater Road will be fitted with a new Nisa store. Across its network of forecourts Ascona also has strategic partnerships with retailers with Costa, Starbucks and Greggs, as well as other leading names.
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Commenting on the acquisition, chief executive and founder of Ascona, Darren Briggs, said:“We are delighted to add such a quality forecourt to our expanding portfolio as we continue to execute on our ambitious growth strategy. We look forward to serving the local community in Bristol with our combined fuel and retail offering.
“With 61 sites and counting, we are on track to achieve our ambitious goal to be one of the top three independent fuel retailers in the º£½ÇÊÓÆµ market. Our ability to continue to expand the portfolio is a testament to the hard work and dedication of our team and our success demonstrates the sizeable opportunity for both organic and acquisitive growth in the market.”
Ascona employs more than 850 people. Its sites serve over 300,000 customers a week as well as supplying 4.5 million litres of fuel.