Carnegie Fuels

Acquirer: Highland Fuels

Highland Fuels, Scotland's largest independent fuel distributor, has successfully acquired Carnegie Fuels, a long-established family-run fuel supplier based in Brechin, Scotland. The transaction, advised by KBS Corporate, sees Carnegie Fuels continue its operations under its existing name and management structure, with a focus on shared values and continuity of service. Summary of transaction details: Value: Not disclosed Sector: Industrials & Energy Advisor: KBS Corporate Key Entities: Target: Carnegie Fuels; Acquirer: Highland Fuels Location: Brechin, Scotland (Target); Inverness, Scotland (Acquirer) Note: This acquisition strengthens Highland Fuels' footprint in the Scottish market, integrating Carnegie Fuels' nearly 70 years of service and loyal customer base. The deal emphasizes cultural alignment and secures the long-term future for Carnegie Fuels' employees and customers under the expanded group's employee ownership structure.

Acquirer: Highland Fuels

Carnegie Fuels, a family-run fuel supplier, has been acquired by Highland Fuels, Scotland's largest independent fuel distributor. Summary of transaction details: Value: Not Disclosed Sector: Industrials & Energy Advisor: KBS Corporate Key Entities: Carnegie Fuels, Highland Fuels Location: Scotland and northern England Note: The acquisition is expected to enhance the combined strength of both brands, with Carnegie Fuels continuing to operate under its current name and management structure, and the partnership is built on shared values and a commitment to long-term success.