Law firm supports retailer's £15 million expansion

A law firm has supported a convenience store and petrol forecourt retailer’s £15 million expansion.

Gordons advised Samy Group on a HSBC refinancing package.

The company says the backing will help the retailer expand its network beyond 100 bases by 2028.

Middlesbrough-headquartered Samy Group operates around 70 sites nationally for brands including Londis, Morrisons and Budgens.

Leeds-headquartered Gordons has backed Samy Group on acquisition and funding matters since 2019, supporting more than 20 store acquisitions over the last two years.

James Kimberley, Gordons’ commercial property partner, said: “Samy Group has a real entrepreneurial spirit, and the company has grown quickly by identifying the right sites and acting decisively.

“We’ve enjoyed the fast-paced journey so far.”

Mohan Palanisamy, Samy Group owner and director, added: “Gordons understands the pace of our market.

“We have made great progress with our expansion plans, and there is more to come thanks to the financial backing provided by HSBC.”  

Gordons, which also operates a Bradford office, counts Morrisons, Ocado Retail and Wren Kitchens among its wider client base.

It recently worked with electrical appliance retailer AO on an Alsager warehouse deal.

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