Menu

England UK: CMA Considering Major Forecourt Operator Deal

England UK: CMA Considering Major Forecourt Operator Deal

The Competition and Markets Authority (CMA) is weighing up whether to look into the £1.2bn acquisition of forecourt operator MRH.

Motor Fuel Group (MFG), which is backed by Clayton, Dubilier & Rice and has almost 400 fuel service stations across the UK, announced it had agreed to buy MRH in February 2018.

The combined company would operate more than 900 fuel service stations, comprising brands such as BP, Esso, Shell, Greggs, Costa Coffee and Subway.

The CMA said it is now considering whether the transaction has resulted in a substantial lessening of competition.

The regulation has welcomed comments from interested parties with a deadline set for 19 June 2018. A decision is expected in August. Source: Insider Media PWKD08062018

Last modified onSunday, 10 June 2018 11:51
Login to post comments
back to top

Main Menu

News Menu

Company