Rix fuelling growth as it expands into Wales
By Hull Daily Mail | Posted: 3 Jul 2018
HULL fuel giant Rix Petroleum has expanded into North West England and Wales for the first time in its 140-year history.
The move comes as parent company, JR Rix & Sons Ltd completed the purchase of Wynnstay Fuels Ltd.
The company has bases in Chester and North Wales and the Rix name continues to branch out across the UK.
Rory Clarke, managing director of JR Rix & Sons, said the Wynnstay business was a valuable addition to the company’s network.
He said: “There is a lot of synergy between Wynnstay Fuels and Rix Petroleum in terms of values and commitment to customer service, so, when we heard Jeff was planning to retire, it made sense for us to look to acquire the business.
“From a location point of view, this acquisition gives us a much stronger foothold in North West England and Wales, so we’re delighted we were able to agree a deal and take over the reins from Jeff.”
The deal, for an undisclosed sum, takes Rix Petroleum’s network of depots to more than a dozen, from Aberdeen in Scotland down to Essex in the south of England.
It means the company, which is headquartered in Hull, has depots in regions across England and Scotland, as well as one in Wales, for the first time.
JR Rix & Sons purchased the business from owners Wynnstay PLC and Jeff Kendrick.
Majority shareholder Mr Kendrick, who had successfully run the business for many decades, said: “The time has finally come for me to retire, but I am delighted to be selling to family-owned business Rix.
“I can see that Rix genuinely cares about its customers and staff and I have no doubt that it will look after the customers and staff of Wynnstay."
Ruairidh Beath, regional director of Rix Petroleum, said: “We already sell fuel to customers in Wales through our local business Rix Petroleum (Mercia) Ltd, which is based in Market Drayton.
“We welcome this opportunity to increase our customer base in the area."
Wynnstay Fuels currently runs a fleet of eight road tankers.
The move comes just seven months after Rix Petroleum bought Yorkshire family fuel firm Stones Fuel Oils.
The Malton-based company joined the Rix portfolio when its former owner, Geoff Stones, decided to retire from running the business after more than five decades.
Mr Stones agreed to sell to the fifth- generation Hull firm because, as another regional, family company, he was confident Rix would uphold Stones’s values.