MOTOR Fuel Group, the partnership between Aberdeen oil tycoon Alasdair Locke and investment firm Patron Capital Partners, has acquired 90 petrol filling stations from Shell.
The acquisition brings the total number of petrol filling stations owned by MFG to 373, making it one of the largest independent fuel station operators in the UK.
It has also been announced that private investment firm Clayton, Dubilier & Rice will be partnering with the management of MFG to acquire the company from original institutional investor, Patron in a transaction valued at approximately £500m.
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