9 years ago
MPK Garages secures £14M to expand its forecourt network
MPK Garages, an independent UK-based operator of forecourts, has secured £14 million in funding from Business Growth Fund and HSBC
The funding will be used to acquire additional forecourts and refresh existing ones
MPK Garages currently operates 25 sites across the UK, primarily freehold locations on major roads, and plans to add up to 20 more sites within the next two years
The company operates under the Texaco and Gulf brands, with Londis-branded retail offerings featuring Costa Coffee and Subway.
ProblemEnergy and Utilities
"Scaling a well-established forecourt business by acquiring additional properties and refreshing existing estate"
Solution
"Acquiring and refreshing forecourt properties to increase revenue and expand the business"