Motor Fuel Group (MFG) has signed an agreement to purchase Synergie Holdings Limited, which owns a network of 19 forecourts in the North West.
The transaction is scheduled to complete in early September 2016.
Jeremy Clarke, chief operating officer at MFG, said: “We are delighted with this exciting transaction. The signing of this agreement supports our stated objective to become the UK’s most dynamic and profitable independent forecourt operator.”
Many of Bolton-based Synergie’s network of forecourts offer strong convenience and food to go offers.
This acquisition will bring the total number of sites owned by MFG to 395, making it the second largest ‘independent’ forecourt operator in the UK.
Clarke continued: “This acquisition is just a part of our exciting 2016 programme. We are already well into an extensive shop rebranding programme following the signing of a new shop supply agreement with Booker Retail Partners and are also embarking on a significant development programme increasing retail space and introducing new ‘food to go’ offers at key locations throughout our forecourt estate.”