Delek’s subsidiary, Delek Belron International, had begun the due diligence process on the assets, which could fetch up to GBP400 million.
The 29 sites are RoadChef-branded motorway service stations belonging to Nikko Capital Investments. The assets include petrol stations, convenience stores, commercial space and accommodations.
The development comes as part of a wider policy by Delek to acquire service station assets in Europe. In October, the company agreed a deal to buy a portfolio of service stations in Finland and, in November, Delek entered into negotiations to buy forecourt facilities in the Benelux region from US oil major Chevron.
