Motor Fuel Group Explained

Motor Fuel Limited
Type:Private
Founded:2004
Founders:--> Sharad Mohanlal Raja and Sailesh Ranchhoddas Sejpal
Successors:-->
Hq Location City:St Albans
Owner:Clayton, Dubilier and Rice

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

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]

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

Notes and References

  1. Web site: MOTOR FUEL LIMITED overview - Find and update company information - GOV.UK . 2024-03-30 . find-and-update.company-information.service.gov.uk . en.
  2. Web site: TechMarketView . TechMarketView . 2024-03-30 . www.techmarketview.com . en.
  3. News: Makortoff . Kalyeena . 2021-10-02 . Morrisons sale: US firm CD&R wins £7bn auction for supermarket . 2024-03-30 . The Observer . en-GB . 0029-7712.
  4. Web site: 2004-09-02 . Kuwait sells Q8 petrol stations . 2022-11-11 . The Guardian . en.
  5. Web site: UK’s Motor Fuel Group acquires rival MRH for £1.5bn . 2022-11-11 . www.petrolplaza.com . EN.
  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. Web site: Partners & Brands - Motor Fuel Group . 2024-03-30 . www.motorfuelgroup.com . en-US.
  11. Web site: Partners & Brands - Motor Fuel Group . 2024-03-30 . www.motorfuelgroup.com . en-US.