Roadside has announced a conditional share purchase agreement (SPA) for Hoch Group for a net consideration of £28.6m (cash free/debt free basis), which management expects to complete by end-May. Hoch expands the Group’s UK footprint into the Northwest with 12 additional petrol filling stations (PFS) and a convenience store, taking the portfolio to 20 sites. We expect limited growth in central overheads, in line with the strategy, supporting EBITDA expansion from FY26E on operating leverage. The ....
