Value Undisclosed

Carnegie Fuels

M&A Exit

Exited Angel-backed

Industrials & Energy Published 6 August 2025

Summary

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.

Lead Investor / Acquirer

Highland Fuels

Advising Broker

KBS Corporate

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Original Source

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