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Northern Ireland's Maxol Group is actively pursuing further investments in its forecourts, with a focus on enhancing the retail experience and expanding its service offerings.
The company has announced a strong performance for 2024, with a turnover of £685 million and a profit before tax of £29 million. This performance is supported by a £61 million investment program during the 2023-2024 trading period and an additional £41.4 million in capital expenditure in 2025.
Maxol's strategic investments include 14 site acquisitions and the redevelopment or retrofit of 27 existing sites, with notable projects like the £1.5 million investment at Maxol Ballyholme in Bangor.
This project aims to create a new 1,506 sq. ft retail space, an increase of nearly 25% from the previous 1,237 sq. ft., and will include an expanded grocery food offer, a Post Office facility, and enhanced customer amenities.
Fill story Maxol eyes further forecourt investments as assets pass £50m mark – The Irish News