Fast-growing Amacor acquires two more stores

Amacor Capital Limited, which operates ten convenience stores, has taken on two new sites in the last month.

The stores in Speke and Blackpool will both be traded as Nisa Locals.

“Throughout this year local convenience stores have really grown in importance and we are keen to seize the opportunity to build on this and invest in sites that we believe we can take forward,” said Martin Corban, managing director at Amacor.

The group, which acquired its first site in June 2018, enters the New Year with a healthy pipeline of new acquisitions as it aims to hit 20 stores by the end of 2021.

“We are ambitious and have plans to grow our business considerably over the next 12 months. We’re always looking for opportunities to expand and are interested in sites which are already trading and have potential to grow further,” Corban added.

The site in Blackpool, previously occupied by Sainsburys, is set to launch at the end of the week, less than three weeks after agreeing on the deal.

The refurbishment will include a food-to-go offering, Rollover machine, Rijo42 Coffee Machine and additional refrigeration for alcohol. A brand-new Nisa Local fascia will be installed in the New Year.

The Speke store has been acquired from an existing Nisa retailer, with plans already afoot to develop the site.

Amacor now operates a wide range of stores including one forecourt across the North West with locations in Liverpool, North Wales, Cheshire, Chorley, Altrincham and Staffordshire. It has a supply deal with Nisa, inked in June 2019.

“Working with a progressive business like Amacor is very exciting for us and we’ve enjoyed being able to support their growth strategy throughout this year,” commented Victoria Lockie, head of key accounts at Nisa

“Next year looks equally as promising and we’re looking forward to working alongside the team to bring new stores into Nisa and continue to help grow the new and the existing stores.”