Mabanaft GmbH & Co. KG
Mabanaft acquires Avon Lodge truckstop
/ PRESS RELEASE The success of the facility is a credit to previous owners, Brian York and Richard Ollis. Through their vision, knowledge and management skills, Avon Lodge has become a benchmark facility in the industry. Mabanaft Ltd. chose Avon Lodge as their second truckstop acquisition due to its high standards and good reputation in the market. Mabanaft Ltd. plans to retain all the employees and will seek to develop the offering at the truckstop. Martin Cook, Managing Director Mabanaft Ltd. says: “We are pleased to diversify into truckstops, starting with the acquisition of Junction 29 last summer and now with the purchase of Avon Lodge. We intend to develop a portfolio of truckstops strategically spread across the UK. This will strengthen our presence in the commercial fuel market and help develop new revenues outside the fuel market, such as parking, AdBlue, driver hospitality and truck wash”. Peter McCarthy, Business Development Manager at Mabanaft Ltd., says: “Mabanaft is a family business and we operate with the same care and ethos as many truckstop owners with whom we are in negotiation. Our aim is to continue to provide customers with the same high level of service and support that they currently receive”. Mabanaft GmbH & Co. KG is a wholly owned subsidiary of Marquard & Bahls, an independent holding company active in the energy & chemical sector. Mabanaft is involved in the wholesale logistics, supply and trading of oil and gas products worldwide and owns and operates an extensive portfolio of retail assets. For more information on Mabanaft and Marquard & Bahls, please visit www.mabanaft.com and www.marquard-bahls.com For media inquiries, please contact:
End of Media Release Issuer: Mabanaft GmbH & Co. KG Key word(s): Energy
06.02.2020 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |