Major retail site acquisition announced by Corrib Oil

Corrib Oil, who operate a shop and forecourt in Boyle and numerous other locations throughout the country have announced details of their acquisition of 13 high-quality retail sites based across the south and east of Ireland from the H2 Group.

The new sites are located in Listowel, Co. Kerry; Kildare; Limerick; Tipperary; Dublin; Laois; Offaly and Cork.

Corrib Oil  founded in Claremorris in 1987, operates two distinct divisions, Corrib Retail and Corrib Distribution.

Corrib Retail currently operates 20 convenience stores with forecourts; while Corrib Distribution, a leading distributor of heating oils and fuel, operates through 21 depots across 14 counties.

Having maintained a 22-year relationship with BWG Foods, all Corrib Retail convenience stores are branded as Spar, while all forecourts are branded Circle K or Texaco, with instore partners including Insomnia and Chopped.

The Corrib Distribution business supplies home heating oil, road fuels and lubricants from 21 distribution sites, operating a fleet of 78 road trucks and 69 service vehicles across the country.

On conclusion of the acquisition deal, Corrib will operate across 54 sites in 16 counties in total – 20 Corrib service stations, 21 oil distribution depots and 13 H2 Group retail sites. Currently employing 700 people, the addition of H2 Group to Corrib Oil will bring total employee numbers to over 1,000 people.

Meanwhile, Shuttington Holdings trading as Corrib Oil in Boyle has recently received permission for the change of use of their existing convenience shop to include part off-licence use (gross floor area for off-licence use 18 sq.m.), alterations to shop front elevation and associated works at Warren/Drum, Carrick Road in the town.

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