Friday, June 28th, 2024
Midland Motor Fuel Acquires Golds Garages
In a significant industry move, Midland Motor Fuel has completed the acquisition of Golds Garages, a well-established business owned by Paul Goldingay for over half a century. This deal includes the prominent forecourt in Cannock and the vehicle hire, servicing, and MOT business in Walsall.
Knowing Paul for a number of years, new owner Shailesh Parekh recognised the excellent opportunity that Golds presents along with potential for further growth. Seizing the opportunity to expand and diversify his forecourt portfolio with the acquisition.
Paul commented, “ I have really enjoyed building Golds Garages into a successful business and well-recognised regional brand. I wouldn’t have been able to do it without the help of Alison Thurston and the wider team at Golds. I want to thank Dave Morris at Christie & Co who worked tirelessly to help me sell and business. Without Dave, this deal would not have been successful, and I cannot recommend him enough. I am now looking forward to my semi-retirement where I will continue to look after my hotel and self-catering cottages in St Ives, Cornwall.”
As a new chapter begins at Golds Garages our staff are continuing to concentrate on offering an excellent service across both locations.