This Essex company, formed in 2007 to acquire the petrol companies Malthurst and Pace Petroleum, operates more than 300 petrol stations and supplies almost 140 independent fuel retailers. MRH says it is responsible for almost 4% of the motor fuel sold in Britain. The company also sells direct to farmers, large commercial users and households with oil-fired boilers across southwest England, the Midlands and East Anglia. Barclays Private Equity bought a 38% stake in the group in March 2008 for an undisclosed sum, and a new management team joined chief executive Graham Peacock and finance director Susan Tobbell. Sales grew to £1,432m in 2008. Management owns the other 62% of the company.
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