Asda has acquired 132 petrol stations from Co-op as part of plans to expand in convenience retail.
The £438m acquisition will see the supermarket take on 129 sites with 1,500-3,000sq ft of space. It will formally operate the stores when the Competition and Markets Authority approves the takeover, which is expected to take until mid-2023.
Asda co-owner Mohsin Issa said: “We are delighted to formally complete the transaction and take the next step to creating a new and exciting part of our Asda business.”
Read more Asda news
Read more forecourt news and advice
Comments
This article doesn't have any comments yet, be the first!