Amacor has acquired nine stores since launching just under a year ago

Fast-growing and acquisitive c-store operator Amacor Capital has agreed a distribution deal with Nisa.

Amacor has acquired nine stores since launching just under a year ago with a model to buy existing sites from independent retailers where the management is keen to stay on.

The north west-based operator could reach 15 by the end of the year. It is run by chairman Kevin Amphlett and MD Martin Corban, who previously worked in store management roles with Sainsbury’s for 30 years.

“Our strategy for growth is focused on the clear consolidation opportunities that exist in the convenience sector of retail,” said Corban.

“We acquire and develop selected convenience stores where it has been identified that management have the drive and the determination to take the business forward. Our plan is to expand our existing portfolio through further acquisitions over the coming months and beyond.”

Amacor is targeting independent c-stores with weekly sales of at least £15,000, or larger stores or groups of stores with weekly sales of over £20,000.

It said it was working with the Nisa development team to convert its stores to the latest Nisa fascia and where needed refits and modernisation programmes.

“Having worked for Sainsbury’s for 30 years I had a good network of contacts in the industry and spent a lot of time researching the market to find a great wholesale partner that Amacor Capital would work best with,” added Corban.

“The criteria were centred around a wholesaler that offered a great range of quality products with a dependable delivery service and fair price. We also wanted a partner that cared about the community it served and was involved in helping local good causes. Nisa represented all these things.”