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Motor Fuel Group
Petrol retailer in the United Kingdom From Wikipedia, the free encyclopedia
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Motor Fuel Limited (trading as Motor Fuel Group and MFG) is a British operator of filling stations, convenience stores and food service providers in the United Kingdom, founded by Sharad Mohanlal Raja and Sailesh Ranchhoddas Sejpal in 2004.[2]
As of March 2024, the group is the UK's largest independent forecourt provider.[3] The company is currently based in St Albans and is owned by Clayton, Dubilier & Rice, who also own the Morrisons supermarket chain.[4]
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History
The company formed via a series of mergers of smaller operators. Malthurst acquired 75 sites branded Q8 from Kuwait Petroleum Corporation in 2004.[5] Malthurst and Refined Holdings (which used the Pace brand) merged into MRH.[6] MFG acquired MRH with its 500 sites in 2018.
In 2020, the group had revenue of £3,308 million, with an operating profit of £249 million.[7]
In September 2021, the group opened electric vehicle charging forecourts at its Putney and Stretford sites.[8] In December 2022, the group was awarded joint-best UK charging network by Zap-Map users.[9] By September 2023, the group had opened over 500 electric vehicle chargers across its network.[10]
As of March 2024, the group's food service provider deals include McDonald's, Burger King, Starbucks, Costa Coffee, Subway, Greggs, and Pret a Manger.[11] The group also has deals with BP, Esso, Shell, Texaco, JET, Murco and EV Power.[12]
In 30th April 2024, MFG acquired the fuel business of Morrisons for £2.5bn, Morrisons also took on a 20% stake in MFG as part of a partnership.[13]
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References
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