Delek, the owners of RoadChef motorway services chain, has hired investment bank NM Rothschild to find a buyer for part or all of the company.

    It is believed that Delek, which acquired RoadChef for £375m in March 2007, could attract offers of around £150m for the company. RoadChef operates 30 motorway service stations that have links with Premier Inn budget hotels and Wimpy burger outlets. There is speculation that RoadChef, which has suffered from competition from lower-priced supermarket petrol stations, may have breached its banking covenants.

PetrolWorld 250109 

01 April 2007 UK: Delek Completes UK Roadchef Deal 

18 Dec 2006 Delek Negotiates Service Station Network Deal in UK