Deal Background
Red Hall Service Stations Limited, a petrol forecourt and general retail provider, operates from 2 sites in North Wales.
Manor Service Stations operate 12 service stations across the North West of England, employing 60 staff, and are award winning petrol retailers who both run their own sites and manage service stations owned by others.
How Langtons Helped
Langtons acted as Lead Advisors to the shareholders of Red Hall Service Stations, providing assistance during the negotiations and structuring of the deal, as well as offering specialist tax advice.
Langtons also provided support to the shareholders throughout the legal process.
Results
The disposal was successfully completed, with Manor Service Stations able to further grow their business, consolidating their position as a leading petrol retailer in the North West.