Top 50 Indies forecourt operator, Motor Fuel Group (MFG) is pleased to announce (8 June, 2015) that private investment firm Clayton, Dubilier & Rice, (CD&R) will be partnering with the management of MFG to acquire the Company from their original institutional investor, Patron in a transaction valued at approximately £500 million. The transaction is expected … Continued
Top 50 Indies forecourt operator, Motor Fuel Group (MFG) is ranked 9th in a league table of Britain’s one hundred private companies with the fastest-growing profits in the 16th annual Sunday Times BDO Profit Track 100. The league table just issued (12 April 2015), ranks companies according to growth in profits over the last three … Continued
Top 50 Indies forecourt operator, Motor Fuel Group (MFG) announces the acquisition of 90 stations from Shell. MFG’s managing director, Jeremy Clarke said: “We are delighted to be bringing another major brand to the MFG network. This acquisition gives us 90 high volume, quality stations that reinforce our commitment to become one of the most … Continued
Following its acquisition of the retail assets of Murco Petroleum on 1 October 2014, Motor Fuel Group (MFG) is replacing the Murco brand on its company station estate by increasing the number of its BP and JET stations and introducing Texaco, a new fuel brand to the MFG network. From 1 April 2015, BP fuel … Continued
Since acquiring Murco’s dealer network back in October 2014, Motor Fuel Group’s (MFG) managing director, Jeremy Clarke and his dealer team headed by Paul Almond have been developing a plan to relaunch their offer to the UK dealer marketplace. Jeremy Clarke said: “Our 200 plus strong dealer network is very important to us and is … Continued
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