News
NWF Fuels buys Staffordshire Fuels
...acquisition is in line with our growth strategy, increases our penetration in Staffordshire and the West Midlands and will be earnings enhancing in the first full year.” Both companies operate...
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News
Money-saving app launched to counter escalating fuel costs
...FleetCor in a variety of roles including development manager, IT manager, IT director, and a short period as acting managing director post the FleetCor acquisition.” Paul Draycott – chief commercial...
News
MFG celebrates the new year with further acquisition
...with MFG on this and other opportunities in the future.” This acquisition will bring the total number of stations operated by MFG to 918, maintaining their position as the UK’s...
News
INEOS – plant acquisition and joint safety initiative
...The natural gas-fired plant is currently owned and operated by Fortum. The acquisition complements the current £300 million infrastructure project at the site to import and store ethane, an essential...
News
Total Butler acquisition under scrutiny
Concerned that the merger of Total Butler and GB Oils would remove a key competitor to GB Oils; the Office of Fair Trading (OFT) referred the acquisition to the Competition...
News
Tincknell Lubricants acquired by GB Oils
...its existing customer relationships in the region, the company will expand its service across all sectors, including industrial, agricultural, aviation and automotive. As part of the acquisition, seven former Tincknell...
News
Driven to succeed
...company has looked at acquisition opportunities in the fuels sector, so far nothing has been the right fit. “Along the way things have not fitted strategically or the price has...
Opinion
A successful transition requires a cross-sector commitment
...commitment to dynamic, collaborative thinking through our strategic acquisitions. The most recent example of this is our acquisition of Hafod Renewable Energy, one of the UK’s fastest growing renewable energy...
Insight
The emergence and growth of Puma Energy
...with the acquisition of three independent distributors in Australia bringing 270 filling stations, two bulk terminals and 16 depots. The following year saw further acquisitions and completion of a new...
News
Site acquisitions at Certas Energy
...Groups keen to sell or lease their forecourts.” Certas Energy currently supplies over 700 locations across the UK, including around 500 Gulf-branded forecourts. This latest acquisition signals a major step...
News
Mabanaft acquires Junction 29 Truckstop
...our business and we will continue to build on the great work undertaken by Charles and Jane. Mabanaft chose Junction 29 as their first truckstop acquisition due to its high...
News
Bristol-based fuel distributor appoints new company directors
...started working at our Stalbridge depot and eventually moved to Gloucester (to oversee our acquisition of Silvey Fuels and possible acquisitions in the near future…). Ryan’s experience is in operations,...
News
Two acquisitions for the Crown Oil Group
...acquired Birlem Oil which has three depots east, west and north of London. “We’re delighted with the acquisition of Birlem,” said Matthew Greensmith, managing director of the Crown Oil Group....
News
Norbert Dentressangle records revenue increase
...to the same period the previous year. Revenues came in at €2901 million, largely due to acquisitions made in 2011. Like for like revenues were stable given that the growth...
News
Prax Petroleum’s parent acquires Harvest Energy
On Friday 26th June, State Oil announced that it had successfully completed the acquisition of Harvest Energy and Harvest Energy Aviation. Under the terms of the agreement, the companies will...
News
Puma Energy announces Q3 2016 results
...have increased our storage capacity to a record 7.9 million m3 following the latest acquisition of BP’s storage terminal in Northern Ireland.” Key Financial Highlights In US$ millions Continuing...
News
Further gains for the JET brand
...network – in November 2019 JET was also named as the fuel supplier of choice for Dove Retail’s new-build White Rose Service Station in Barnsley The acquisition, which took effect...
Insight
A vertically challenged market
...changes and broader logistical and cost considerations, rationalisation took place in market presence and the distribution terminal network with several companies withdrawing from retail to become 100% wholesale suppliers. Acquisitions,...