Pelco Limited

Deal typeM&A
IndustryRetail & Consumer
BDO acted as lead advisor to Pelco on their sale of 9 forecourts to Circle K Ireland.

Pelco is a convenience retail group and operates a number of petrol stations in Leinster.

The deal will increase the number of Circle K company owned and operated stores from 168 to 177. Alongside its dealer partner network of 242 locations, the total number of Circle K locations in Ireland will stand at 419. Circle K has said that it has invested a total of €230m in the Irish market since its arrival in 2016.

The team advising on the deal was led by Richard Duffy.