CD&R clears final hurdle for £7bn Morrisons acquisition

Morrisons Swansea exterior

Clayton, Dubilier & Rice (CD&R) has been given the all-clear to complete its £7bn acquisition of Morrisons after the competition watchdog agreed to its offer to sell some petrol forecourts.

The US private equity firm won an auction to buy the grocery giant last year, but concerns had been raised by the Competition and Markets Authority (CMA) over its ownership of petrol forecourt group Motor Fuel Group (MFG). 

MFG is the largest independent petrol forecourt operator in the UK with 921 forecourts. Morrisons owns 335 fuel outlets in England, Scotland and Wales, which would have given CD&R control of more than 1,200 of the UK’s 8,000 forecourts. 

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.