Clayton Dubilier & Rice (CD&R) is exploring the sale of a significant minority stake in Motor Fuel Group (MFG), the UK’s largest independent forecourt operator, in a deal that could value the company at approximately £7bn ($8.8bn), according to a report by Sky News.
The US private equity firm is reportedly working with advisers to evaluate potential buyers for a 25-30% stake in MFG. While the final structure of the transaction remains undecided, CD&R is expected to retain a controlling interest in the company following the sale.
Neither CD&R nor MFG have commented on the report.
MFG, which operates over 1,200 fuel and convenience retail sites across the UK, has been a key player in the sector, expanding its network through acquisitions and strategic investments.