BLP advises Welcome Break on acquisition of Peartree Services Oxford
Berwin Leighton Paisner has advised the Welcome Break Group – the UK’s second largest motorway service station operator – on the acquisition of the Peartree Service Area, Oxford. This acquisition will see Welcome Break move away from their typical motorway-side location in order to launch at the Oxford Interchange A-road.
Once up and running, the site will provide all of the amenities of the traditional motorway service station, as well as a small Waitrose store, a KFC fast food restaurant and a Starbucks coffee shop.
BLP has twice before advised on a change of ownership of this service area: in 1964 when it was first acquired by Welcome Break’s original owner, the Forte Group, and then again in 1997 when it was disposed of to Granada.
The BLP team was led by Adrian Houghton under the supervision of Partner David Levy, both of whom have acted for Welcome Break for over 30 years.
David Levy said “We have worked with Welcome Break for several decades, supporting them in achieving their strategic objectives. As the company now looks to divest away from motorways and expand into new territories, we are delighted to continue to be able to support them.”
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