Oil industry giant Royal Dutch Shell confirmed recently that it had agreed terms to sell 185 of its petrol stations across Britain, enabling independent forecourt operators to further expand their portfolios.
The UK’s largest oil firm stated that contracts had been exchanged with Motor Fuel Group for 90 of these petrol stations and with Euro Garages for 68, with contracts for the remainder expected to be exchanged very soon.
Those stations that are being sold are located all over the country and, under the terms of the deals, they will retain the brand of the company responsible for high-quality lubricants like Shell Omala S2 G 320 and Shell Gadus S2 V100 3, with the Anglo-Dutch firm’s products set to be available from them for a minimum of five years following the sale.
Shell stated last September that it aimed to sell off approximately 250 of its stations, eventually reducing the number under its ownership to roughly half the current total.
Its northern Europe retail general manager, David Moss, said:
“I’m pleased these dealers have chosen to grow their businesses with Shell. Our priority is to ensure a consistently excellent customer offer is available across our network, whether the service station is owned by Shell or by an independent dealer.”
Motor Fuel Group is based at St Albans and already owns 280 Texaco, Jet and BP-branded petrol stations, while Blackburn-firm Euro Garages operates in the region of 200 facilities in the Midlands, northern England and Wales, some of which carry Shell branding.