News
Ronson – ‘the journey is not over yet’
...and has a £1 billion plus turnover. It was Ronson’s acquisition of Total UK’s retail network of 810 service stations that signalled his return to the sector in scale. Having...
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News
MRH GB acquired by Lone Star
A BP branded MRH service station in Cheshire On 11th January 2016, the European Commission approved the acquisition of MRH by Lone Star; the deal concluded on Tuesday. Dallas-based Lone...
News
Simon – investing in our infrastructure
...Growth in the East terminal, managed by Andrew Rhodes, has largely been both by organic development and by acquisition; an ex liquid sulphur terminal, the most recent purchase, was acquired...
Analysis
The changing face of the fuel depot
...a whole has changed,” says managing director, Leanne Hardy. “When we started 30 years ago, a typical fuel distributor was independent and operator- owned. Large company acquisitions changed the structure...
News
‘A valuable addition’ for Rix Petroleum
...and Wales for the first time in its 140-year history. The acquisition of Wynnstay Fuels, with depots at Waverton, Chester, and Pwllheli, North Wales, was completed by parent company, J.R....
News
Craggs Environmental to double in size, coverage and capacity
...LCM Environmental into the business,” commented Craggs Environmental’s CEO, Chris Bingham. “This acquisition not only provides us with a wide range of new equipment and a new fleet of vehicles,...
News
Unveiled! Fuel Oil News Tanker of the Year winner for 2023
...Hynes, Operations Fleet and Compliance Manager, explains: “In recent years we have grown from Emo Oil, carried out two major acquisitions, Campus Oil and Jones Oil, and have finally become...
News
Inter Pipeline to acquire NuStar
...president and chief executive officer. “The acquisition materially increases our overall storage capacity and establishes Inter Terminals as the UK’s largest independent storage operator. Furthermore, the transaction provides an attractive...
News
Fluctuating oil price fuels growth
...the growth in group revenue, rising from £304m to £366m. As well as the rising oil price, the result reflects the impact of two acquisitions – North Yorkshire-based Stones Fuel...
News
Awards and £90m investment at CLH-PS
...last May, is the recipient. The GPSS acquisition was the first investment carried out by CLH in a European country and the second at an international level following the creation...
Analysis
Mabanaft – majoring in innovative independence
...made acquisitions – and in Mark’s words ‘has not taken its eye off the ball’ as to potential future acquisitions and mergers. In 2010, Mabanaft continued to diversify and moved...
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...
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
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...
Analysis
DCC annual results confirm pivot to an energy-focussed future
...energy pivot, providing capital for energy‑transition merger and acquisition activity. Chief Executive Donal Murphy commented: ‘Our sale of DCC Healthcare enables a material return of capital to shareholders. We will...
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...