Applegreen founder and chief executive Robert Etchingham has been chosen as The Irish Times Business Person of the Month for December. The deal has since gone through, with Applegreen’s shares delisted from the stock market. Since IPO, Applegreen has seen its number of sites treble to more than 550. In September 2020, Applegreen said it was part of a consortium that had been awarded a contract to develop 27 motorway service areas along the 917km New York State Thruway. In explaining the rational for the deal, Mr Etchingham said private ownership was the appropriate structure for the company’s transition towards motorway service areas and electric charging points, and that Blackstone’s involvement would help accelerate its growth.

Source: The Irish Times March 19, 2021 16:41 UTC