News
Mabanaft Limited Acquires South Eastern Fuels Limited
24.11.2008 - London:
Mabanaft Limited is pleased to announce the acquisition of South Eastern Fuels Limited (SEFL) with immediate effect. This addition to the Mabanaft fold will complement the already proven formula of its previous successful integration of BWOC, a fuels distribution company located in the Southwest of England. As member of a sound and widespread group of companies, SEFL will be in a position to enhance the service to their customers. This relationship will also allow the expansion of the business in these turbulent times for our industry.
Mabanaft Limited has operated in the UK from its London base for over 40 years. The company supplies automotive and heating fuels to commercial customers from storage facilities at Grays, Cardiff, Immingham, Seal Sands and Grangemouth.
South Eastern Fuels Limited operates from its Harefield and Croydon depots on the outskirts of London. The company is serving bulk distribution, third party haulage, as well as commercial and domestic fuels customers. SEFL will be predominantly supplied from Mabanaft Limited´s storage facility at the NuStar Grays terminal. Bob Saw and Nigel Woods will continue to manage the business as Directors reporting to the Board.
Mabanaft Limited is a subsidiary of Mabanaft, the trading division of Marquard & Bahls, Hamburg, a leading independent petroleum company, privately owned. The business encompasses international trading and the import and wholesale of petroleum products. Furthermore, the company is active in service stations, heating-oil retail, lubricants, biofuels and bunker services. Through its subsidiaries and representative offices, Mabanaft is well positioned in all important regions worldwide.
For more information on Mabanaft Limited, Mabanaft and Marquard & Bahls, please visit www.mabanaft.co.uk, www.mabanaft.com and www.mbholding.com.
For media inquiries, please contact:
Mark Rolph
Managing Director
Mabanaft Limited
+ 44-207-470 7600
mark.rolph@mabanaft.co.uk