All Murco articles – Page 2
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NewsAppeal for witnesses after armed robbery at Murco filling station
Detectives from North Wales Police are appealing for witnesses following an armed robbery at the Murco Garage on Marine Road in Prestatyn.The robbery happened at around 1:20am on Tuesday 22 October, when a person wearing dark clothing with their face covered, entered the store and threatened the staff with a ...
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News
Murco’s mini marvel
The residents of market town Llandeilo in Carmarthenshire have got their service station back thanks to the efforts of Sithamparappillai Paramesvaran (known locally as Appan). Appan already has a successful convenience store but was interested in acquiring a forecourt site too."I knew a friend who had a forecourt and I ...
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NewsVVS Service Stations signs up second site with Murco
VVS Service Stations owned and operated by Dr Velautham Sarveswaran (Sarves) and his wife has just signed their second site to a Murco fuel supply agreement. Maypole Service Station which is situated on Alcester Road South, Birmingham joins the Murco network almost exactly 12 months after their first VVS site ...
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NewsHampshire forecourt adopts new Murco image
White Horse Service Station in Middle Wallop, Hampshire, has become the latest Murco dealer station to adopt its new image. The new image was provided as part of a re-signing package. Jim Mulheran, fuels director at Motor Fuel Group and responsible for the Murco brand, commented: “We are delighted that ...
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News
Murco’s Milford Haven site and distribution business sold
Murco’s Milford Haven facility has been purchased by Singapore-based Puma Energy, together with other UK assets owned by the oil company. In addition to Milford Haven the acquisition includes three inland terminals at Westerleigh, Theale and Bedworth, as well as Murco’s wholesale and distribution business in the UK. Under the ...
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News
MFG replaces Murco brand on company owned sites
Top 50 Indie MFG has announced plans to replace the Murco brand on all its company owned sites and to develop it as a brand exclusively for dealers. The move follows MFG’s acquisition of Murco’s retail business on 1 October 2014, comprising 228 company owned forecourts and supplying a dealer ...
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News
Armed robber strikes at Murco site near Falkirk
Scottish Police are appealing for witnesses following an armed robbery at a petrol station near Falkirk. The robbery occurred at around 9.45pm on Friday February 13, when a man entered the Murco garage in Bowhouse, Maddiston, threatened staff with a weapon and demanded money. He made off with a number ...
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NewsMFG averts full inquiry into Murco deal
MFG has averted a full inquiry into its takeover of Murco’s retail business, after concerns were raised that the deal would damage competition in the Hythe area of Kent. The Competition and Markets Authority (CMA) has accepted undertakings from MFG to sell the Murco petrol station (Seapoint Filling Station) in ...
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News
CMA launches consultation over MFG Murco deal
The Competition and Markets Authority (CMA) has launched a consultation after MFG came up with a proposal to address competition concerns over its acquisition of Murco’s retail business. The CMA had said the deal would mean MFG would own both the petrol stations in Hythe, Kent, and this could result ...
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NewsCompetition authority gives MFG ultimatum over Murco deal
MFG says it is keen to engage with the Competition and Markets Authority (CMA) to avoid a full merger investigation after it raised a concern over MFG’s takeover of Murco’s retail business. The CMA said MFG had the chance to avoid a full merger investigation if it could offer a ...
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NewsMurco terminal investigates contamination problem
The Murco fuel terminal at Milford Haven is investigating how contaminated fuel was delivered to two west Wales supermarkets. At least 17 cars broke down after motorists bought unleaded petrol from Morrisons forecourts in Carmarthen and Llanelli, and sales of unleaded petrol have been halted at the two stations. A ...
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NewsSale of Murco’s retail business completed
The acquisition of Murco’s retail business by Patron Capital Partners has been completed, after the deal was agreed in August. The retail business was acquired via Motor Fuel Group, the forecourt business owned by Patron in partnership with Alasdair Locke. The price was not disclosed but is believed to be ...
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Analysis
Merril Boulton: Murco sold at last
Well thank goodness for that. The Murco network has been sold at last (see News, page 4) after four years on the market. It got to the stage where it seemed like it was never going to happen, and as in a ’whodunnit’ that runs for too long, people seemed ...
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NewsThanks for the support during sale, says Murco boss
Murco’s retail marketing director Jamie Goodfellow has expressed his thanks to Murco employees, customers and suppliers for their support during the lengthy sales process which culminated in last week’s announcement that the Murco retail business had been sold to the Motor Fuel Group. Murco’s UK operation - including the Milford ...
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News
Murco sells refinery and is close to petrol station deal
The sale of Murco’s Milford Haven refinery has been confirmed while Murphy Oil Corporation is also close to a deal on its network of petrol stations. The company announced last Thursday that its wholly-owned subsidiary, Murco Petroleum had signed an agreement to sell its Milford Haven refinery and terminal assets ...
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NewsMFG signs deal to buy Murco’s retail business
Murco has signed a £200m deal to sell its retail business, including 228 forecourt sites it owns, to Top 50 Indies forecourt operator Motor Fuel Group (MFG). The deal has been carried out with the support of private equity group Patron Capital Partners and oil industry veteran Alasdair Locke, who ...
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NewsMFG owner in talks to buy Murco network
The owner of Top 50 Indie Motor Fuels Group (MFG) is in talks to buy more than 225 Murco filling stations put up for sale by their US owner Murphy Oil. Private equity group Patron Capital, which bought MFG in 2012 and a further portfolio of 54 Murco filling stations ...
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News
Exclusive talks could mean Murco sale is on
Negotiations about the sale by Murphy Oil of its Murco business in the UK, including its Milford Haven oil refinery, were in the final stages according to a number of reports, as Forecourt Trader went to press.According to Reuters, oil entrepreneur Gary Klesch was in the final stages of exclusive ...
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News
Talks nearing conclusion on Murco sale
Negotiations about the sale by Murphy Oil of its Murco business in the UK, including its Milford Haven oil refinery, are in the final stages according to a number of reports. According to Reuters oil entrepreneur Gary Klesch was in the final stages of exclusive talks with Murphy Oil and ...
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News
Murco management seek to buy company
Murco’s network of filling stations could be involved in a management buyout together with the company’s threatened oil refinery at Milford Haven. Managing director Tom McKinley has told staff he is taking a leave of absence while he works on the plan. Brian Kelly, head of Murphy’s business development in ...