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Roadside Real Estate Plc has said it now expects its acquisition of D.A. Roberts Fuels (DAR) to be completed in the third quarter of 2026, extending the timeline announced previously. The acquisition forms part of the company's strategy to expand its roadside retail and energy forecourt business across the UK. DAR operates a high-volume petrol filling station along with a bulk fuel distribution business, and the deal is expected to strengthen Roadside's operating platform while supporting future growth through a larger fuel retail network.
Roadside Real Estate Plc has announced that it now expects the acquisition of D.A. Roberts Fuels (DAR) to be completed during the third quarter of 2026, providing an update to the market on the progress of the transaction. The company did not disclose the reason for the revised completion timeline.
The DAR acquisition was announced earlier this year as part of Roadside Real Estate's expansion strategy in the UK roadside retail and energy forecourt sector. The business includes a strategically located petrol filling station in Whitchurch, Shropshire, along with a bulk fuel distribution operation. Based on its previous disclosures, the combined business recorded approximately 98.3 million litres of fuel sales during FY25, with the forecourt selling around four times the average volume of a typical UK petrol station.
The company has previously stated that the acquisition is expected to be immediately earnings accretive after completion. Roadside has also secured financing arrangements to support the transaction, including funding through its HSBC debt facility, while continuing to pursue its broader acquisition-led growth strategy.
The update comes shortly after Roadside completed the acquisition of Hoch Group and announced the purchase of another standalone petrol filling station in Huntley, Gloucestershire. These transactions are intended to expand the company's roadside retail portfolio and strengthen its presence in the UK's independent forecourt market.
Source Reuters
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