20 May 2012
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10 January 2011
Former Asda CEO Andy Bond joins Euro Garages as chairman
Euro Garages, the Blackburn-based forecourt retailer, has appointed Andy Bond, the former chairman and CEO of ASDA, as executive chairman.
Andy, who joins with immediate effect, will make an undisclosed investment in the business alongside owners, Mohsin and Zuber Issa, who founded the company in 2001 with a single petrol filling station in Bury.
Euro Garages is the UK’s second largest independent forecourt retailer and the sector’s fastest-growing player, with a portfolio of 70 sites across the North of England and the Midlands. The business has grown sales 150 per cent in the last five years from £117m to £285m and employs around 1,000 people.
Owning and operating predominantly BP-branded filling stations, it has recently launched successful partnerships with several leading brands, bringing SPAR convenience stores, Subway and Burger King eateries and Greggs bakery stores onto its estate.
Its model has been to acquire and redevelop underperforming sites, changing the concept of the traditional urban petrol filling stations and bringing greater value and convenience to customers.
Last year, it also signed a licensing deal with Starbucks to open up to 50 drive-thru outlets over the next five years – the coffee company’s first rollout of the concept in the UK.
Commenting on the appointment, Andy Bond said: “I’ve been hugely impressed by the business and the team at Euro Garages. In just 10 years, it has achieved significant scale in the sector and earned a well-deserved reputation for innovation, quality and customer service – values which are real success drivers in a retail business. I’m looking forward to helping the team continue its impressive growth.”
Mohsin Issa, Director of Euro Garages, said: “Andy’s track record speaks for itself. As well as significant retail and management expertise, he brings enormous drive and energy to the team, which is critical in an ambitious, high-growth business like ours. I’m confident his appointment will help us accelerate the momentum we’ve created over the last 10 years and deliver our growth strategy.”
ENDS
Issued on behalf of Euro Garages by Citypress.
Press information:
Martin Currie
Citypress
T. 0161 235 0310 / 07976 291532
E. martin@citypress.co.uk
Andy, who joins with immediate effect, will make an undisclosed investment in the business alongside owners, Mohsin and Zuber Issa, who founded the company in 2001 with a single petrol filling station in Bury.
Euro Garages is the UK’s second largest independent forecourt retailer and the sector’s fastest-growing player, with a portfolio of 70 sites across the North of England and the Midlands. The business has grown sales 150 per cent in the last five years from £117m to £285m and employs around 1,000 people.
Owning and operating predominantly BP-branded filling stations, it has recently launched successful partnerships with several leading brands, bringing SPAR convenience stores, Subway and Burger King eateries and Greggs bakery stores onto its estate.
Its model has been to acquire and redevelop underperforming sites, changing the concept of the traditional urban petrol filling stations and bringing greater value and convenience to customers.
Last year, it also signed a licensing deal with Starbucks to open up to 50 drive-thru outlets over the next five years – the coffee company’s first rollout of the concept in the UK.
Commenting on the appointment, Andy Bond said: “I’ve been hugely impressed by the business and the team at Euro Garages. In just 10 years, it has achieved significant scale in the sector and earned a well-deserved reputation for innovation, quality and customer service – values which are real success drivers in a retail business. I’m looking forward to helping the team continue its impressive growth.”
Mohsin Issa, Director of Euro Garages, said: “Andy’s track record speaks for itself. As well as significant retail and management expertise, he brings enormous drive and energy to the team, which is critical in an ambitious, high-growth business like ours. I’m confident his appointment will help us accelerate the momentum we’ve created over the last 10 years and deliver our growth strategy.”
ENDS
Issued on behalf of Euro Garages by Citypress.
Press information:
Martin Currie
Citypress
T. 0161 235 0310 / 07976 291532
E. martin@citypress.co.uk
Notes to editors
Notes to EditorsAbout Euro Garages
• Euro Garages is the UK’s second largest independent forecourt operator with 67 sites across the North and Midlands.
• It retails approximately 300m litres of fuel per annum and is BP’s largest independent dealer customer in the UK.
• It also operates over 100,000 sq ft of convenience retail space.
• Euro Garages has a turnover of £285m and employs around 1,000 people
• For more information, visitwww.eurogarages.com
About Andy Bond
• Bond was appointed chairman of the Asda executive committee in April 2010.
• He was appointed President & CEO of Asdain March 2005, having begun his Asdacareer as a marketing manager in 1994. During his 13 years at the company he has held various positions, including: COO where he was responsible for Retail Operations and Logistics, Managing Director for George, taking over when George Davies left the company, and Marketing Director
• Bond was educated at Kings Grammar School Grantham, before studying Engineering at Salford University. He started his career as a graduate trainee at British Gas, before attending Cranfield School of Management where he studied for an MBA.
• A keen cyclist and runner, Bond recently completed a 1,100 mile tour of the UK to help raise money for Asda’s charity, ‘Tickled Pink’, supporting breast cancer care. His recent appointment to the board of Wiggle, an online cycling retailer, allows him to combine his passion for cycling and interest in e-commerce.
• He is married with two young children Back to top | More Euro Garages stories
