Moto

Moto is the UK's leading operator of motorway service areas ("MSAs"). The company operates 48 MSA sites at 33 locations across the UK.

MSAs are the only commercial presence allowed by the UK Government on the motorway network and are the only ones signposted providing a variety of goods, amenities and services; including fuel, catering, convenience food, retail and accommodation. These services satisfy essential needs of passing traffic, with visits primarily driven by the need to use toilet facilities, eat, rest or refuel a vehicle.

Moto operates franchises with well-known, national and international brands including: Costa, Burger King, M&S Simply Food, Greggs and WH Smith, providing a diverse mix of offers to customers in one convenient location.

In 2015 Moto served over 100 million customers, delivering 66 million transactions.

Moto aims to be the nation's favourite break when travelling, by delivering great brands and exceptional service to every customer. I am very pleased that such an experienced investor as CVC has chosen to come on board alongside USS. Their long-term capital and expertise will be important to us as we continue to build on our market leading franchise across the UK.

Tim Moss, CEO

Date of investment

February 2016

Fund

CVC Strategic Opportunities

Business

UK Motorway Service Areas

Country

UK

Turnover

£760 million

Number of employees

5,049

CEO

Tim Moss

Company website

www.moto-way.com