February 2009

Mabanaft Limited Acquires Thomas Silvey

Thomas Silvey becomes part of Mabanaft Limited, London, at the beginning of the year. The move expands Mabanaft’s business model, which had already proven its worth in the recent acquisition of Advance Fuels and the earlier, successful integration of BWOC.

Thomas Silvey was founded in Bristol in 1871 and initially traded with coal. Later, the company successively expans its portfolio, which now includes – beyond the supply of contract service stations – the business with fuel cards for private as well as commercial customers. Beyond this, Thomas Silvey also provides third-party haulage services to the industry.