Thursday 18 January 2018

Topaz eyes fuel free outlets

Chief executive of fuel group Topaz, Emmet O'Neill
Chief executive of fuel group Topaz, Emmet O'Neill

Service station company Topaz will consider operating some of its service stations as food-only outlets.

Chief executive Emmet O'Neill has said that the company was "playing with those ideas at the moment".

"Where we do have sites that are small forecourts, often what we find now is the demand is for food there as opposed to for fuel," he said.

He told RTE's 'Morning Ireland' that the move could potentially save money because of current fuel prices.

Mr O'Neill was speaking after the Competition and Consumer Protection Commission approved Topaz's purchase of Esso's Irish fuels and convenience business.

Topaz plans to spend €15m-€18m developing its newly acquired outlets.

Following the acquisition Topaz' network will extend to 425 service stations, or which 162 are company owned.

Irish Independent

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