UK: MFG acquires north-west forecourt operator
Top 50 Indies forecourt operator, Motor Fuel Group (MFG) announced the signature of an agreement to purchase forecourt operator Synergie Holdings Limited.
Synergie has a network of 19 forecourts situated throughout the north-west of England, many of them offering strong convenience and ‘food to go’ offers.
“We are delighted with this exciting transaction. The signing of this agreement supports our stated objective to become the UK’s most dynamic and profitable independent forecourt operator,” said Jeremy Clarke, chief operating officer at MFG.
This acquisition will bring the total number of stations that will be owned by MFG to 395, making MFG the second largest independent forecourt operator in the UK.
“We are already well into an extensive shop rebranding programme following the signing of a new shop supply agreement with Booker Retail Partners and are also embarking on a significant development programme increasing retail space and introducing new ‘food to go’ offer,” explained Clark.
