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Motor Fuel Group

From Wikipedia - Reading time: 3 min
Motor Fuel Limited
Company typePrivate
Founded2004
FounderSharad Mohanlal Raja and Sailesh Ranchhoddas Sejpal
Headquarters
St Albans
OwnerClayton, Dubilier and Rice
Websitemotorfuelgroup.com

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.[1]

As of March 2024, the group is the UK's largest independent forecourt provider.[2] The company is currently based in St Albans and is owned by Clayton, Dubilier & Rice, who also own the Morrisons supermarket chain.[3]

History

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The former Q8 brand in Yorkshire.

The company formed via a series of mergers of smaller operators. Malthurst acquired 75 sites branded Q8 from Kuwait Petroleum Corporation in 2004.[4] Malthurst and Refined Holdings (which used the Pace brand) merged into MRH.[5] 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.[6]

The former Pace brand in Warwickshire.

In September 2021, the group opened electric vehicle charging forecourts at its Putney and Stretford sites.[7] In December 2022, the group was awarded joint-best UK charging network by Zap-Map users.[8] By September 2023, the group had opened over 500 electric vehicle chargers across its network.[9]

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.[10] The group also has deals with BP, Esso, Shell, Texaco, JET, Murco and EV Power.[11]

See also

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References

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  1. ^ "MOTOR FUEL LIMITED overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2024-03-30.
  2. ^ TechMarketView. "TechMarketView". www.techmarketview.com. Retrieved 2024-03-30.
  3. ^ Makortoff, Kalyeena (2021-10-02). "Morrisons sale: US firm CD&R wins £7bn auction for supermarket". The Observer. ISSN 0029-7712. Retrieved 2024-03-30.
  4. ^ "Kuwait sells Q8 petrol stations". The Guardian. 2004-09-02. Retrieved 2022-11-11.
  5. ^ "UK's Motor Fuel Group acquires rival MRH for £1.5bn". www.petrolplaza.com. Retrieved 2022-11-11.
  6. ^ Firefly Annual Report https://www.motorfuelgroup.com/wp-content/uploads/2016/10/CDR-Firefly-Holdco-Financial-Statements-2020.pdf
  7. ^ Current News https://www.current-news.co.uk/news/mfg-opens-flagship-150kw-ev-charging-station
  8. ^ https://www.fleetnews.co.uk/news/latest-fleet-news/electric-fleet-news/2022/12/20/fastned-and-mfg-ev-power-named-best-charging-networks-in-zap-map-survey
  9. ^ https://forecourttrader.co.uk/latest-news/mfg-passes-milestone-of-500-ultra-rapid-ev-charger-installations-/683353.article
  10. ^ "Partners & Brands - Motor Fuel Group". www.motorfuelgroup.com. Retrieved 2024-03-30.
  11. ^ "Partners & Brands - Motor Fuel Group". www.motorfuelgroup.com. Retrieved 2024-03-30.
Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/Motor_Fuel_Group
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