Motor Fuels Group reveals growth plans

The new owners of Motor Fuels Group have revealed ambitious expansion plans.

The UK’s fifth-largest indie forecourt chain was taken over last month by management and private equity firm Patron Capital for an undisclosed sum, a deal confirmed this week.

MFG also unveiled its new management: oil industry veteran Alasdair Locke was confirmed as non-executive chairman, with William Bannister CEO, Jeremy Clarke MD, Tom Biggart chief investment officer and Tim Allan director.

“MFG is a great business that we see forming a sound platform for significant expansion,” said Bannister.

Locke added: “We are confident we will significantly grow the size and performance of MFG.”