Pump priming: the petrol wars

With margins on fuel sales tighter than ever, the battle for the hearts and tanks of Irish motorists is hotting up between the petrol station giants

Barry J Whyte

Chief Feature Writer @whytebarry
31st May, 2015
8
Tom Noonan, chief executive, MaxolPicture: Feargal Ward

Last week, petrol station company Applegreen finally announced its long-awaited flotation plans, telling the markets that it would sell off 25 per cent of its stock on the London and Dublin stock exchange in return for €70 million.

This came just a week after Applegreen had been narrowly pipped by its rival Topaz, backed by billionaire tycoon Denis O’Brien, in the race to be named as the preferred bidder in the race for the next round...

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