Niall Anderton appointed new MD of Topaz

Topaz's parent company is aggressively expanding in other markets
Topaz's parent company is aggressively expanding in other markets

Couche-Tard's acquisition of Topaz has now been completed and Niall Anderton appointed as the new MD of Topaz

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1 February 2016 | 0

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Topaz confirmed earlier this afternoon that it has now joined with Couche-Tard. The transaction, which was announced on 2 December 2015, has been approved by the EU Commission and all final closing requirements have now been completed.

Niall Anderton, formerly the chief financial officer (CFO) of Topaz, has been appointed managing director in succession to Emmet O’Neil.  O’Neill stepped down on the completion of the transaction, as was previously announced.

Anderton joined Topaz as CFO a year ago. He has a strong retail background, having held senior executive positions in Primark, O2 and Brown Thomas.

Speaking today, Jørn Madsen, Couche-Tard’s EVP for Central & Eastern Europe and responsible for their business in Ireland said he was pleased by the “timely manner” in which the transaction was closed. He added that the business is now  “ready to shift our focus to fully integrating Topaz into the Couche-Tard family”. After working closely with Anderton over the last few months, Madsen added that Couche-Tard is “certain he is the right person to lead Topaz through the next phase of its development”.

Niall Anderton said he was looking forward to an exciting programme in the months and years ahead.  “Couche-Tard is an exceptional company which is committed to becoming the world’s preferred convenience and fuel retailer. I believe its presence in Ireland will bring significant benefits to consumers,” he said.

 

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