Motor Fuel Group (MFG) has agreed to purchase fellow Top 50 Indie operator Roadside Group, just four days after announcing the signing of an agreement to purchase the Bolton-based Top 50 Indie Synergie Holdings.
Roadside Group operates 10 stations throughout the north-east of England, with its flagship forecourt being located at Newcastle Airport.
The transaction is scheduled to close in early October,.
Commenting on the latest deal, MFG chief operating officer Jeremy Clarke said: “We are delighted to confirm this transaction within days of our Synergie deal.
“This is an important strategic acquisition for us. Until now, we have only had a couple of stations in the North East. The addition of this high-quality network will give us some real momentum in this region of the UK.
“This acquisition will bring our total number of stations to 405 and by breaking the 400 barrier, we are getting closer to our stated objective of becoming the UK’s most dynamic and profitable independent forecourt operator.”
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