Announced

Completed

Clayton Dubilier & Rice-backed Motor Fuel Group completed the acquisition of 337 Morrisons petrol forecourts from Wm Morrison Supermarkets for £2.5bn.

Synopsis

Clayton Dubilier & Rice-backed Motor Fuel Group, the UK's largest independent forecourt operator, completed the acquisition of 337 Morrisons petrol forecourts from Wm Morrison Supermarkets, the fifth largest supermarket chain in the United Kingdom, for £2.5bn. "As the needs of the customer continue to evolve, Morrisons and MFG's partnership will see us combine our respective expertise and resources to deliver the best value for customers at the pump, in our convenience stores and in our supermarkets. It means Morrisons customers will continue to see a competitive and attractive forecourt offering, including expanded access to EV charging, while also benefitting from greater focus on investment in Morrisons' core food business. We are delighted to have such a strong partner in MFG and look forward to the opportunities a combined MFG and Morrisons forecourt offering will provide," Rami Baitiéh, Morrisons CEO.

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