Motor Fuel Group
Motor Fuel Group (styled as mfg, officially Motor Fuel Limited) is the largest independent operator of petrol stations in the United Kingdom with 911 sites.[1] The company is based in St Albans and owned outright by Clayton, Dubilier & Rice.
History[]
The company formed via a series of mergers of smaller operators.
Malthurst acquired 75 sites branded Q8 from Kuwait Petroleum Corporation in 2004.[2] Malthurst and Refined Holdings (which used the Pace brand)[3] merged into MRH.[4] MFG acquired MRH with its 500 sites in 2018.
Brands and services[]
MFG hydrocarbon sites all use third party brands, namely BP, Shell, Esso, Texaco, JET and Murco.
MFG has also opened electric vehicle charging forecourts at Putney and Stretford.[5]
Finances[]
In 2020 MFG company had revenue of £3,308 million with an operating profit of £249 million.[6]
In June 2021 MFG's fungible add-on was set at £65 million with a margin of SONIA+CAS+475 bit/s and a 99.75 OID.[7]
References[]
- ^ The Guardian https://www.theguardian.com/business/2015/apr/13/shell-sell-petrol-stations-independent-operators
- ^ The Guardian https://www.theguardian.com/business/2004/sep/02/oilandpetrol.news
- ^ Motorway Services Online https://motorwayservicesonline.co.uk/MRH
- ^ Petrol Plaza https://www.petrolplaza.com/news/8230
- ^ Current News https://www.current-news.co.uk/news/mfg-opens-flagship-150kw-ev-charging-station
- ^ Firefly Annual Report https://www.motorfuelgroup.com/wp-content/uploads/2016/10/CDR-Firefly-Holdco-Financial-Statements-2020.pdf
- ^ "Update 2: Motor Fuel Group Fungible Add-On Set at £65M".
- Filling stations in the United Kingdom
- Retail companies of the United Kingdom