Applegreen eyeing US growth and possible stock market exit

Consortium of original founders and US private equity firm Blackstone offers lucrative way forward for forecourt operator

Daniel Murray

Political Correspondent @danieltmurray
13th December, 2020
Applegreen eyeing US growth and possible stock market exit
Joe Barrett, chief operations officer of Applegreen, with Bob Etchingham, its chief executive. Picture: Jason Clarke Photography

Just five years after Applegreen, the forecourt operator, went public the company last week announced it was in advanced talks with a consortium to take it off the stock market.

The consortium, made up of founders Joe Barrett and Bob Etchingham through B&J Holdings, alongside US private equity firm Blackstone, has made an offer of €5.75 a share.

This represents a 50 per cent return on the 2015 floating price of €3.80, and...

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