Clayton Dubilier & Rice (CD&R) is exploring the sale of a significant minority stake in Motor Fuel Group (MFG), the UK’s largest independent forecourt operator, in a deal that could value the company at around £7bn ($8.8bn), according to reports.

The US private equity firm is working with advisers to assess potential buyers for a 25-30% stake in MFG. While the structure of the transaction is yet to be finalised, CD&R is expected to retain a controlling interest post-sale.

MFG, which operates more than 1,200 fuel and convenience retail sites across the UK, has strengthened its market position through acquisitions and strategic investments. The company has remained a key player in the evolving forecourt sector, particularly as the industry adapts to changing fuel demand and the rise of electric vehicle infrastructure.

Neither CD&R nor MFG have commented on the potential sale. The move aligns with a broader trend of private equity firms seeking partial exits to realise returns while maintaining influence over portfolio companies.