Burges Salmon’s Corporate team has advised Houston-based energy manufacturing and logistics company Phillips 66 Limited on its acquisition of NJB Services Limited, a UK company with interests in five fuel filling sites in the North of England.
The acquisition sees Phillips 66 take ownership of Abbeyside Filling Station in Selby, Newton Park Service Station in Newton Aycliffe and Askern Service Station and Balby Road Filling Station, both in Doncaster. Phillips 66 has also taken over operation of Refinery Filling Station in Immingham, a Phillips 66-owned forecourt which Nick Baker has operated since 2005. All five sites are already supplied by Phillips 66’s JET brand.
Leading the team was Corporate partner Dominic Davis and senior associate Tim Redman, with support from the wider corporate, commercial and tax teams.
Dominic comments: “We were delighted to assist our longstanding client Phillips 66 in successfully implementing this important strategic acquisition.”