Tag Archives: Acquisition

OnlineFuels acquired by DTN

OnlineFuels, the leader in digital transformation solutions for the refined fuels market has been acquired by DTN, a leading data, analytics and technology company. With the addition of the OnlineFuels innovative online trading platform, DTN is now the leading provider Read more »

Greenergy completes acquisition of Amber Petroleum

Greenergy has completed the acquisition of Amber Petroleum (‘Amber’), an independent fuel retailer and distributor based in the Republic of Ireland. The completion of this transaction gives Greenergy a growing presence in Ireland where it currently markets through Inver Energy. Read more »

The Prax Group acquisition, appointments and securitisation

The Prax Group, a leading independent oil refining, trading, storage, distribution and retail conglomerate dealing in petroleum products and bio-fuels, has announced that it has successfully completed the strategic acquisition of Lindsey Oil Refinery and its associated logistic assets in Read more »

EG Group agrees £750m deal with ASDA

Euro Garages’ parent company EG Group has agreed a deal to acquire Asda’s petrol filling stations, car washes and ancillary land for £750m. The shareholders in EG Group, the Issa brothers and TDR Capital, made a deal to take over Read more »

Certas Energy acquires seven forecourts in the North East 

Certas Energy has purchased seven forecourts in the North East of England as the company continues to grow its Gulf network across the UK. The portfolio of forecourts, with a combined volume of 31 million litres, was purchased from Marla Read more »

Craggs Energy Group expands to the South West with acquisition of Moorland Fuels

North West and Yorkshire based fuel supplier Craggs Energy has recently expanded its group of companies with the acquisition of Devon based fuel distributor Moorland Fuels. Founded 15 years ago, heating oil and red diesel distributor Moorland Fuels operates seven Read more »

INEOS extends portfolio with BP acquisition

INEOS has completed the purchase of the global Aromatics and Acetyls businesses from BP for a consideration of $5 billion. Already one of the world’s leading petrochemical companies this acquisition will extend both the portfolio and the geographic reach of Read more »

MFG acquires six sites in Lake District

Top 50 Indies forecourt operator, Motor Fuel Group (MFG) has acquired six forecourts in the Lake District from AUK Investments Limited. Commenting on the purchase William Bannister, chief executive officer at MFG said: “AUK is a well-respected family business in Read more »

Crown Oil completes acquisition of Star Oil

North West-based Crown Oil has strengthened its brand in the North West after acquiring an £18m-turnover oil supplier. The Greater Manchester company, part of the £420m-turnover Crown Oil family of companies, has completed the purchase of Stockport-based Star Oil for Read more »

Fuel supplier completes MBO during lockdown

In planning prior to the Coronavirus lockdown, North Yorkshire-based independent fuel oil supplier, Kettlewell Fuels has now completed a management buyout (MBO) by its senior leadership team. Managed by Janet and Trevor Kettlewell since 1996, the MBO means the husband Read more »