Scorpion received funding support for the transaction from the Scottish Real Estate Finance team at Royal Bank of Scotland Corporate & Institutional Banking (RBS CIB).
RBS Corporate & Institutional Banking real estate finance regional managing director Stuart Heslop said that the institute is delighted to financially aid Patron and Locke with their acquisition.
Go deeper with GlobalData
"These parties coming together on this transaction will herald an exciting few years ahead and we look forward to supporting management with their plans to develop the portfolio," added Heslop.
The acquisition of the fuel stations, with a provision of convenience store offering, forms part of Patron’s wider strategy in the UK fuel sector.
Patron senior partner Stephen Green noted: "We believe these assets offer strong investment potential and would like to thank the team at Royal Bank of Scotland for helping realise this opportunity.
See Also:
"They showed a clear understanding of our requirements and goals, fully supported by very strong experience in the sector."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
