All MFG articles – Page 9
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NewsCMA details 38 sites MFG is prepared to sell
The Competition and Markets Authority (CMA) has published details of 38 sites MFG plans to sell in order to avoid a detailed investigation into its takeover of MFG. The disclosure came in a notice from the CMA which detailed for the first time the undertakings MFG has offered to remedy ...
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NewsMFG and Chargepoint claim to be leaders in charger roll-out
ChargePoint Services and Motor Fuel Group (MFG) claim they are now the leading provider of electric vehicle (EV) charging at urban forecourts and arterial fuel stations nationwide. The two companies have been working together to develop the UK’s biggest electric vehicle rapid charging network in forecourt locations. Rapid chargers have ...
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MFG/MRH integration given ’conditional’ permission
MFG has been given conditional permission to integrate the majority of MRH’s sites (about 440 out of 490) into its business, while the Competition and Markets Authority (CMA) continues to consider the merger, and under-takings proposed by MFG.But the CMA has ruled that 52 MRH "hold separate" sites will still ...
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NewsMFG 99.9ppl fuel offer brings traffic to a standstill in Norwich
Petrol and diesel at just 99.9ppl brought traffic to a standstill yesterday (Thursday) in Norwich. MFG was selling the fuel at a vastly reduced rate to celebrate the official reopening of its Broadside site on Aylsham Road following a knockdown rebuild. Drivers flocked to the site to take advantage of ...
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NewsCMA allows MFG to integrate bulk of MRH sites into its business
MFG has been given conditional permission to integrate the majority of MRH sites (about 440 out of 490) into its business, while the Competition and Markets Authority (CMA) continues to consider the merger of the two companies, and undertakings proposed by MFG. But the CMA has ruled that 52 MRH ...
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CMA looks into MFG/MRH and Sainsbury’s/Asda
The Competition and Markets Authority (CMA) is investigating two major deals involving the road fuels retail market.Its involvement in the MFG/MRH deal looked close to completion, as Forecourt Trader went to press, after it identified 29 sites where there were local competition issues, and MFG indicated it would act to ...
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NewsMFG offers to sell off sites to finalise takeover of MRH
MFG’s takeover of MRH looks set to clear its final hurdle after it offered to sell off a number of sites which were causing competition concerns. Two weeks ago the Competition and Markets Authority (CMA) said it was satisfied that competition provided by other major petrol retailers and supermarkets ...
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NewsCMA raises local monopoly concerns over MFG MRH deal
Motor Fuel Group must address Competition and Markets Authority (CMA) concerns over its takeover of rival MRH to avoid an in-depth investigation. The Competition and Markets Authority (CMA) found that competition provided by other major petrol retailers and supermarkets will ensure that the merger would not result in higher prices ...
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MFG COMES IN SIXTH
Top 50 Indie Motor Fuel Group (MFG) has been ranked sixth in a league table of Britain’s 100 private companies with the biggest sales in the 17th annual Sunday Times HSBC Top Track 100. Companies are ranked by sales as reported in their latest available accounts.applegreen joins payment watchTop 50 ...
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NewsMFG ranked 6th in Sunday Times Top Track 100
Top 50 Indie Motor Fuel Group (MFG) has been ranked 6th in a league table of Britain’s one hundred private companies with the biggest sales in the 17th annual Sunday Times HSBC Top Track 100. In the league table companies are ranked by sales as reported in their latest available ...
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MFG/MRH deal completes but needs CMA approval
MFG’s takeover of MRH completed on Thursday June 21, but the two businesses will continue to run separately with no major changes to their structure or management, until an investigation by the Competition and Markets Authority (CMA) is completed. The CMA is scheduled to deliver its decision by August 22.The ...
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Valero’s new MFG deal
Valero has agreed a new five-year deal with Motor Fuel Group (MFG), which has just become the largest independent forecourt operator in the UK. The agreement sees Valero renew 81 Texaco-branded MFG sites and, in addition, gain six new sites.Simon Davis, fuel operations director at MFG, said: "The decision to ...
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NewsMFG/MRH deal completes but businesses remain apart for now
MFG’s takeover of MRH completed on Thursday June 21, but the two businesses will continue to run as separate entities with no major changes to their structure or management, until an investigation by the Competition and Markets Authority (CMA) is completed. The CMA is considering whether the deal requires further ...
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NewsMFG renews Texaco deal for 81 sites and adds six more
Valero has agreed a new five-year deal with Motor Fuel Group (MFG), which is set to become the largest independent forecourt operator in the UK. The agreement sees Valero renew 81 Texaco-branded MFG sites and, in addition, gain six new sites. Simon Davis, fuel operations director at MFG, said: “The ...
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MFG takeover of MRH to complete later this month
MFG’s takeover of MRH is expected to be completed later this month after it passed a significant regulatory hurdle. On June 5 the deal was referred to the UK Competition and Markets Authority by the European Commission, and this means that, in accordance with the contracts exchanged between investors, Clayton, ...
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NewsJet adds five further MFG sites to its network
Top 50 Indie MFG has signed a new long-term supply contract with Jet, resulting in five new gains for the fuel brand in the heart of its east coast territory.The new contract means MFG has a total of 62 Jet-branded sites in its network.Two of the new Jet-branded sites are ...
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NewsMFG takeover of MRH set for completion within two weeks
MFG’s takeover of MRH is expected to be completed later this month after it passed a significant regulatory hurdle. On June 5 the deal was referred to the UK Competition and Markets Authority (CMA) by the European Commission, and this means that, in accordance with the contracts exchanged between MFG ...
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NewsMFG opens its first Post Office at Shell site in St Albans
Top 50 Indies forecourt operator, Motor Fuel Group (MFG) has opened the Post Office on its 438-strong UK network. Offering a seven-day a week Post Office service to forecourt customers and the local community, this new facility at the Shell King William Service Station in St Albans was officially opened ...
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NewsMFG/MRH deal good for fuel retail sector says property expert
The acquisition of MRH by MFG earlier this year could be good news for everyone in the fuel retailing sector, according to Adam Wadlow, partner at fuel and automotive property advisers Barber Wadlow, which has just published its latest Forecourt Property Market Update. “It shows that the independent dealer sector ...
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NewsMFG second in Sunday Times BDO Profit Track 100
Top 50 Indie Motor Fuel Group (MFG) has been ranked second in a league table of Britain’s one hundred private companies with the fastest-growing profits in the 19th annual Sunday Times BDO Profit Track 100. The league table, published on 8 April, ranks companies according to growth in profits over ...