St Michael’s Services in Dumfies and Galloway, has been sold to Grove Retail Limited after its founder, Jamie Wood, decided to retire
The business, which comprises four service stations in Dumfries, Newton Stewart, St John’s Town of Dalry and Moffat, was established by Jamie in 1998 and the Dumfries site took home the SLR Forecourt Retailer of the Year award in 2024.
Jamie’s priority when seeking a new owner for the business was to ensure continuity for employees and customers while safeguarding the legacy he had built.
Grove Retail Limited, which operates a network of sites across the UK, has committed to maintaining the high standards that customers expect and investing in future development.
Armstrong Watson’s Corporate Finance Team and legal advisers from Morton Fraser MacRoberts (MFMAC) advised on the sale process.
Jamie said: “While I’m sad to be moving on from the business after so many years, and will definitely miss the contact with colleagues and customers, many of whom I have known since day one, I’m thrilled that it will continue to thrive under new ownership. For me, finding the right buyer was important and Grove Retail was the perfect fit.”
David Wilson, Corporate Finance Partner at Armstrong Watson, which advised on the sale, said: “We’re delighted to have advised and supported Jamie to sell the business and achieve his retirement goals. His dedication has helped grow St Michael’s Services into a highly successful business with a strong future ahead following this acquisition.”
MFMAC Partner Gary Baines added: “It was a pleasure and privilege to advise Jamie and his family on the sale. Jamie has built a well-run and successful business over three decades, and we are delighted to see his legacy continue through Grove Retail.”
