OC&C advises Prax on the sale of its UK retail forecourt network to EG On The Move

We are delighted to have supported Prax on the sale of its UK retail forecourt network to EG On The Move. OC&C provided vendor due diligence in support of the transaction.

The forecourt sector continues to evolve as operators respond to changing consumer needs, with convenience retail, food-to-go, electric vehicle charging and broader mobility services becoming increasingly important drivers of growth alongside a base of core fuel sales. Prax has developed an attractive network of well-located sites that are well positioned to benefit from these long-term trends, making the portfolio an attractive acquisition with opportunities for further development.

OC&C have extensive experience advising clients across the forecourt, convenience retail and mobility sectors, supporting both corporates and investors on acquisitions, disposals and growth strategy. Our work spans fuel retail, convenience, foodservice and adjacent mobility markets, helping clients understand evolving customer behaviour, competitive dynamics and the commercial opportunities shaping the future of the sector.

OC&C and Private Equity

We’re a leading global strategy consultancy with deep expertise across Retail, Consumer, Leisure and Mobility. We have advised on more than 500 transactions globally over the last five years, supporting investors and corporates with commercial due diligence, vendor due diligence and value creation.

Our experience in the forecourt and convenience sector includes advising clients across fuel retail, convenience stores, roadside services, food-to-go and EV charging, giving us a detailed understanding of the structural trends transforming the market.

For more information about our experience, please get in touch with one of our experts, or email [email protected].