The Maxol Group has acquired three sites in Dublin, strengthening its portfolio in the capital and bringing its nationwide network of service stations to 248. The acquisitions form part of Maxol's five-year, €175m investment strategy.
It follows its acquisition of eight forecourt sites and 14 site redevelopments in 2024, as the family-owned business continues to invest in established successful businesses.
The three sites will undergo a €1m+ retrofitting programme, including deli and coffee stations.
"These are excellent sites that have been operated to the highest of standards and in the coming months we will be further investing by bringing our latest innovative retail and forecourt model to each location, building on the already extensive range of eat-in and food-to-go options," said CEO Brian Donaldson.
"Today, more than 40% of Maxol’s gross profit is generated from non-fuel services. Convenience retail, food offerings, car wash facilities, and new mobility solutions have become key drivers of our business growth. Mr Donaldson said the goal is to have all three sites transferred and operating under the Maxol model by the end of the summer.