Thu, 27 Sep 2012 | BUSINESS SALE
Calanike Retailing Limited has been sold to GB Oils and Thistle Fuel Retailing, boosting the health of the company.
Calanike operates a chain of petrol station around the north of England and Scotland under the Esso and BP brands, as well as some independent stores.
However, receivers were called in at the start of the year and the future of the company's 170 staff at its 19 outlets was put into question.
The accountants who handled the receivership, Zolfo Cooper, continued to trade the business while they looked for a buyer to take it forward. They have said they took control and sold the company's assets on to GB Oils and Thistle, the firm has been on a “strong footing”.
Calanike is headquartered at Kirkintilloch, just north of Glasgow. Of the people employed by the business, 147 have had their jobs saved.
The company is not the only petrol retailer to have struggled. As prices continue to rise and consumers becoming increasingly desperate to keep their costs down, traditional retailers have faced more and more competition from supermarkets and the major oil companies.
A rare chance to acquire a Midlands-based retail designer renowned for custom shop fittings and innovative design solutions, complete with in-house design and manufacturing capabilities.
This mixed dental practice offers a predominantly private service with the addition of NHS general and orthodontics contracts, benefiting from a large and loyal patient base as well as a thriving hygiene function.
LEASEHOLD
This is a reputable drainage solution company with a long-established presence and an excellent reputation in Somerset.
29
|
Aug
|
Weir Group completes acquisition of Townley Engineering | BUSINESS SALE
Global engineering solutions provider, Weir Group, has offic...
29
|
Aug
|
Carlyle acquires UK wealth-tech provider intelliflo in $200m deal | BUSINESS SALE
Global investment firm Carlyle Group has agreed to acquire L...
29
|
Aug
|
Gloucester electricals distributor enters administration | ADMINISTRATION
South West-based distributor John Gillman & Sons (Electrical...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.