Sainsbury's has agreed to sell its eight petrol stations in Northern Ireland to fuel operator Go Forecourts, as the supermarket continues to focus investment on its grocery estate.
The deal will see the sites transferred to Go, the forecourt business operated by Northern Ireland-based LCC Group. It plans to invest in modernising the locations and convert them into self-service, pay-at-pump stations.
The eight sites are located in West Belfast, Bangor, Ballymena, Coleraine, Dungannon, Forestside, Sprucefield and Holywood Exchange.
The transaction value has not been disclosed, with the transfer expected to take place on a site-by-site basis over the next six to 12 months.
Sainsbury’s said there would be no redundancies as a result of the deal, with affected petrol station colleagues remaining employed by the supermarket and moving into roles at nearby stores.
Original story Sainsbury’s sells Northern Ireland petrol stations as it remains grocery focused - Grocery Gazette - Latest Grocery Industry News
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