Rontec was formed in 2011 by the property developer Gerald Ronson, 74, to purchase Total Oil’s UK estate of 500 service stations. A consortium of Investec, Grovepoint Capital and Ronson’s Snax 24 retail business, paid a reported £360m before selling part of the estate to buyers including Shell. The remaining sites are branded Esso and Rontec’s new Shop’N’Drive brand, which the company is rolling out this year. Sales in 2012 reached an annualised £882m.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.