SUSAN TOBBELL
Non Executive Director |
Susan Tobbell worked in the oil sector for 39 years and was a Financial Director for 34 years. She co-founded MRH(GB) Limited in November 1997. The two founders brought in a small high quality team to work alongside them, giving them all substantial equity stakes in the company from the start.
MRH was sold to an American Private Equity company in January 2016 for an undisclosed sum, having been matured into the largest independent forecourt operator in the UK. From just 25 poor quality leased sites in 1997, MRH was operating 455 forecourts at the time it was sold, turning over 45 million litres a week - £2bn per annum. The majority of sites were freehold or long leasehold and the property portfolio was valued at £600m at the time of the sale. The company developed an excellent banking relationship with Barclays, from 1998, and later on with both RBS and HSBC. The key suppliers to MRH were Esso and BP. |
