Patron Capital Partners, the pan-European institutional investor focused on property backed investments, has completed its acquisition of the entire UK retail business of Murco Petroleum Limited. The retail business was acquired via Motor Fuel Group, the UK forecourt business owned by Patron in partnership with Alasdair Locke, for an undisclosed sum with senior debt financing … Continued
With the continued support of private equity group, Patron Capital Partners (Patron) and oil industry veteran, Alasdair Locke, top 50 Indies forecourt operator, Motor Fuel Group (MFG) today (August 9, 2014) announces that it has signed an agreement to purchase the retail assets of Murco Petroleum Limited (Murco). MFG was originally acquired by Patron in … Continued
Top 50 Indies forecourt operator, Motor Fuel Group (MFG) has grown its network to 60 stations with the acquisition of two former Shell company stations. Jeremy Clarke, MFG’s Managing Director said: “This acquisition adds another two high volume stations to our network. Both stations, one in Woodston, Peterborough and one in St Leonards on Sea, … Continued
Top 50 Indies forecourt operator, Motor Fuel Group (MFG) has announced the signing of a new multi-site fuel supply agreement with Jet. Jim Mulheran, MFG’s Fuels Director said: “There were already two stations operating under the Jet brand when we acquired the MFG business in December 2011. This new agreement covers nine of our stations … Continued
At the recent, prestigious 2013 Forecourt Trader of the Year Awards one of our stations won an award. Our St Johnston Service Station won the Scotland 2.5mlpa plus category and our photograph shows (l to r) Martyn Ward the managing director of Palmer & Harvey, the event sponsors; our winning contract manager Kanaasnigam Kamalaseelan and … Continued
Top 50 Indies forecourt operator, Motor Fuel Group (MFG) has announced the signing of a new multi-site fuel supply agreement with BP. Jim Mulheran, MFG’s Fuels Director said: “We are delighted to have recently concluded a new deal with BP and we look forward to our continued association with the UK’s leading dealer brand. This … Continued
In the Quarter One 2013 issue of The Royal Bank of Scotland’s Business Agenda magazine, MFG is featured in an interview with our Chief Executive Officer, William Bannister and Chief Investment Officer, Tom Biggart. Click here to read the full story.
Top 50 Indies forecourt operator, Motor Fuel Group (MFG) has grown its network to 58 stations with the acquisition of 10 stations from Shell. Jeremy Clarke, MFG’s Managing Director said: “This acquisition adds some high volume stations to our network. They are located in the Midlands and the South and all fit into our model … Continued
Top 50 Indies forecourt operator, Motor Fuel Group (MFG) has announced the signing of a new shop supply agreement with Costcutter Supermarkets Group. This agreement will replace their existing shop agreement with Palmer & Harvey and between now and the end of March next year MFG will, as part of a fast moving shop refit … Continued
At this year’s prestigious Forecourt Trader of the Year Awards, Jeremy Clarke, managing director of Motor Fuel Group, won the Retailer Champion of the Year Award. Sponsored by Mace, the Award was launched three years ago to recognise the skills and inspiration of a particular retailer, voted for by his or her peers. Photograph shows … Continued