Motor Fuel Group lifeline for Murco

MFG managing director, Jeremy Clarke

MFG managing director, Jeremy Clarke

Motor Fuel Group (MFG) has signed an agreement to purchase the retail assets of Murco Petroleum Limited (Murco), which is scheduled to close by the end of September.

Jeremy Clarke, managing director, MFG said: “We are delighted with this exciting transaction. The signing of this agreement supports our stated objective to grow Motor Fuel Group into a significant force in the UK forecourt sector.”

MFG currently operates 60 stations throughout the UK. Operating primarily under the BP and Jet fuel brands, the company also offers the Costcutter brand at forecourts.

The acquisition of Murco will add another 228 company stations to the MFG network and a 200 plus dealer network to the Group. All of these stations will continue to offer fuel under the Murco brand. The forecourt shops on the Murco company station network also operate under the Costcutter brand. www.motorfuelgroup.com

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