Apollo to acquire a minority stake in Motor Fuel Group from CD&R for £500m.

Apollo, an investment firm, agreed to acquire a minority stake in Motor Fuel Group, a UK fuel station operator, from CD&R, an American private equity company, for £500m. “MFG is a compelling investment opportunity, with clear leadership in its core markets and strong operational performance. Apollo’s Hybrid Value franchise provides flexible, partnership-driven capital solutions, and we are delighted to support the next phase of the company’s growth in partnership with CD&R and the management team,” Philip Cuff, Apollo Partner.