MFG to buy BP sites

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Forecourt operator Motor Fuel Group (MFG) has signed an agreement to buy seven operational forecourts and nine new to industry sites from BP.

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Six of the operating stations are in Scotland and one is located in Surrey. The new to industry sites are spread throughout England and Scotland.

The deal is part of a wider agreement including fuel supply for 100 sites.

Jeremy Clarke, chief operating officer at MFG, said: “We are particularly delighted with this transaction given the quality of the operational assets and geographical spread of the NTI sites.

“It is a great opportunity for us to apply our proven operating model, improve the shop offering for our customers, introduce a ‘food to go’ option where appropriate and improve the valeting offer. We will also be looking to install a number of high power EV chargers at each location.”

Andy Allen, BP’s UK sales manager, added: “BP is delighted to have secured this transaction as part of a broader opportunity to further strengthen the long-standing relationship between BP and MFG.  The re-sign of 64 existing BP branded sites and the conversion of 36 others brings the total number of BP branded MFG sites to over 280 and we look forward to working with MFG on this and other opportunities in the future.”

The acquisition will bring the total number of stations operated by MFG to 918, maintaining its position as the UK’s largest independent forecourt operator.