UK motorway service operator Roadchef has been acquired by a fund managed by Macquarie Asset Management, which has pledged to develop and accelerate the rollout of fast-charging infrastructure for EVs across Roadchef’s 30 locations.
Macquarie Asset Management’s investment will also enable Roadchef to invest further in its sites, facilities, and partnerships with a number of brands such as McDonald’s, Costa Coffee and Leon.
Gordon Parsons, a senior managing director at Macquarie Asset Management, said: “As a key part of the UK’s motorway infrastructure, we believe Roadchef has a major role to play in facilitating the transition to net zero. Its extensive network of locations across the country make it well positioned to support the fast-charging infrastructure that is key to the adoption of electric and low carbon vehicles.
“We look forward to working closely with the management team to develop Roadchef’s energy transition strategy and its offering for motorists.”
Roadchef’s previous owner Antin Infrastructure Partners, a long-term infrastructure investor, had invested in its sites and facilities over its seven-year stewardship. Most recently, Antin worked to enhance Roadchef’s EV charging infrastructure.
Mark Fox, chief executive officer of Roadchef, added: “We thank Antin for their significant support over the past years, which enabled us to implement our growth strategy and strengthen our position as a leading UK MSA operator. We are delighted to continue our growth journey with Macquarie Asset Management, who recognise our potential and will continue to invest, grow and build Roadchef.”
