Phillips 66 announces the acquisition of NJB Services Limited
Phillips 66 Limited (Phillips 66) has announced the acquisition of NJB Enterprises Limited and wholly-owned operating company NJB Services Limited from owners Nick and Carie-Anne Baker. The acquisition, which took effect on 1st October 2018, sees Phillips 66 take over ownership of four sites in the north of England which were operated by Director, Nick Baker, through his operating company NJB Services Limited.
The newly acquired sites are Abbeyside Filling Station in Selby, Newton Park Service Station in Newton Aycliffe, Askern Service Station in Doncaster and Balby Road Filling Station, also in Doncaster. The agreement also sees Phillips 66 take over the operation of Refinery Filling Station, a Phillips 66-owned forecourt in Immingham that Nick Baker has operated since 2005.
All five sites are already JET supplied and branded, and are situated in JET’s heartland of northern England, within close proximity to Phillips 66’s Humber Refinery.
Mary Wolf, Managing Director UK Marketing at Phillips 66, comments: “Nick’s award-winning sites are among the finest in the country and demonstrate elements of best practice which we will aspire to attain across our entire network. We would like to thank Nick and his dedicated staff for the outstanding job they have done, and we are now looking forward to building on this success in the future.
“We believe that this acquisition enhances our current operating model. As always, our strategy is to strengthen the JET brand and enhance our dealer business. Having a portfolio of company-owned sites that sits alongside our dealer network will help us to achieve these objectives. We remain fully committed to our dealer network and, over the coming months, will be unveiling significant investment to further strengthen our dealer and consumer offerings. We will, of course, continue to expand our independent dealer network by attracting high-quality independent forecourts throughout the UK to join and enhance our network.”
Nick Baker, Director of NJB Services Limited, adds: “Yesterday, it was with a heavy heart that I announced my retirement. I’ve spent 15 years building and growing my business with some remarkable people, and will treasure many fantastic memories and achievements. I can’t fault the team at Phillips 66 and JET as a supply and brand partner. They’ve been very supportive and easy to work with as I’ve grown my forecourt business, so I couldn’t think of a better fit to hand over the mantle to. They are professional, friendly and have real buzz about their business. I am confident and delighted that NJB Services is in safe hands and that they will continue to grow and develop the business.”