Kirkland Advises Morrisons and Clayton, Dubilier & Rice on £2.5 Billion Sale of Morrisons Petrol Forecourts
Kirkland & Ellis is advising Morrisons and its shareholder Clayton, Dubilier & Rice (CD&R) on entering into an agreement to sell 337 Morrisons petrol forecourts (including fuel, convenience retail kiosk and ancillary services) and more than 400 associated sites across the UK for Ultra-Rapid electric vehicle charging development to Motor Fuel Group (MFG). The transaction is valued at £2.5 billion and will form a new strategic partnership between Morrisons and MFG.
The Kirkland team is led by corporate partners Adrian Maguire, Vincent Bergin, Jessica Corr and Nick Appleton and associates James Whybrow, Callum Alder, William Blakeney and Raphael Khoo; technology and IP transactions partner Max Harris and associates Ben Zeris and Lana Khoury; tax partners Mavnick Nerwal and James Seddon; debt finance partners Christopher Shield and Suroop Kandola and antitrust & competition partner Alasdair Balfour.
