The CMA has today accepted undertakings from Motor Fuel Limited (MFL) to sell the Murco petrol station (Seapoint Filling Station) in the Hythe area in Kent.
The Competition and Markets Authority (CMA) is satisfied that these undertakings remedy the competition concerns it had identified as a result of MFL’s completed acquisition of 228 petrol stations and other assets from Murco Petroleum Limited (Murco), which was in relation to the retail supply of road fuels in the Hythe area in Kent. Under the undertakings, MFL agrees to divest one petrol station and related assets, including a grocery outlet, by way of the sale of the freehold property. Before the acquisition, the site to be sold had been owned by Murco.
As a result of the CMA’s acceptance of these undertakings, the acquisition of the Murco petrol stations will not now be referred for an in-depth phase 2 investigation.
Before accepting the undertakings, the CMA carefully assessed and consulted publicly on the proposed undertakings. The CMA did not receive any concerns in response to its public consultation, and is satisfied that the undertakings will resolve the competition concerns identified.
The undertakings and all other information relating to this investigation can be found on the case page.