Motor Fuel Group

Last updated
Motor Fuel Limited
Company typePrivate
Founded2004
FounderSharad Mohanlal Raja and Sailesh Ranchhoddas Sejpal
Headquarters
St Albans
Owner Clayton, Dubilier and Rice
Parent Morrisons (20%) [1]
Website motorfuelgroup.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. [2]

Contents

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]

History

The former Q8 brand in Yorkshire. Barmston Garage - geograph.org.uk - 813084.jpg
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. [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]

The former Pace brand in Warwickshire. Opening August 2009, petrol station on A423 at Princethorpe - geograph.org.uk - 1417821.jpg
The former Pace brand in Warwickshire.

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]

See also

References

  1. ↑ https://www.retailgazette.co.uk/blog/2024/04/morrisons-petrol-forecourts-2/ [ bare URL ]
  2. ↑ "MOTOR FUEL LIMITED overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2024-03-30.
  3. ↑ TechMarketView. "TechMarketView". www.techmarketview.com. Retrieved 2024-03-30.
  4. ↑ 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.
  5. ↑ "Kuwait sells Q8 petrol stations". The Guardian. 2004-09-02. Retrieved 2022-11-11.
  6. ↑ "UK's Motor Fuel Group acquires rival MRH for £1.5bn". www.petrolplaza.com. Retrieved 2022-11-11.
  7. ↑ Firefly Annual Report https://www.motorfuelgroup.com/wp-content/uploads/2016/10/CDR-Firefly-Holdco-Financial-Statements-2020.pdf
  8. ↑ Current News https://www.current-news.co.uk/news/mfg-opens-flagship-150kw-ev-charging-station
  9. ↑ 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 [ bare URL ]
  10. ↑ https://forecourttrader.co.uk/latest-news/mfg-passes-milestone-of-500-ultra-rapid-ev-charger-installations-/683353.article [ bare URL ]
  11. ↑ "Partners & Brands - Motor Fuel Group". www.motorfuelgroup.com. Retrieved 2024-03-30.
  12. ↑ "Partners & Brands - Motor Fuel Group". www.motorfuelgroup.com. Retrieved 2024-03-30.
  13. ↑ Morgan, Aoife (2024-04-30). "Morrisons completes £2.5bn MFG petrol forecourts sale - Retail Gazette" . Retrieved 2025-01-12.
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