Charles Russell Speechlys advises management of MRH on £1.2 billion MRH sale
Charles Russell Speechlys has advised the MRH management team in relation to the sale of MRH to Clayton, Dubilier & Rice-backed Motor Fuel Group (MFG). The transaction is valued at approximately £1.2 billion.
Together, MFG and MRH will operate more than 900 petrol and convenience retail sites across the UK and this is expected to place them as the country’s top operator by number of sites.
Corporate Partner Adam Crossley commented: “Having advised the management team in connection with the previous acquisition of MRH by US private equity firm Lone Star, we are delighted to have advised them again on this sale.”