 | |
| Company type | Private |
|---|---|
| Industry | Oil |
| Founded | 1920 |
| Headquarters | Dublin, Republic of Ireland. Mallusk, County Antrim, Northern Ireland. |
Key people | Brian Donaldson (CEO) Laurence Donegan (CFO) |
| Products | Petrochemical |
| Website | maxol |
Maxol is an Irish oil company, part of McMullan Bros. Limited. It was founded in 1920.[1]
In 1919, William and James McMullan signed a supply agreement with the Anglo Mexican Oil Company (AMOC) and in 1920 founded McMullan Bros. Limited. In 1924, AMOC was acquired by Shell; however, McMullan Bros. retained the rights to use the Mex brand name in Ireland.[4]
In 1972, the existing brand names of Mex, Silensol and Daisy, began to be replaced by the Maxol brand, though all operating companies only completed this process in 1981. In 1986, Maxol acquired Ola, operator of an oil terminal at Drogheda, County Louth. In 1996, Maxol acquired 80 retail sites from Statoil and Jet which were to be disposed of as a condition of their merger.[5] In 1997, the group signed a partnership with Mace, a convenience store group, to allow development of joint Maxol/Mace filling stations.
In 2000, Maxol acquired Northern Ireland's leading heating oil distributor, Connors Fuels Ltd.. This became Maxol Direct (NI) Ltd. In 2002, it acquired Estuary Fuel Limited which operates an oil terminal, a retail network and markets various oil products.[6]
In 2011, Maxol Direct home heating oil was sold to DCC Energy, which also owns Emo. That same year, they stopped producing the alternative e85, a type of biofuel made from whey in cheese processing for FFV (Flex Fuel Vehicle).[7]
The Irish petrol station shops began to rebrand around 2017 to use its own name and brands (Rosa Coffee and Maxol Deli) instead of franchises (Mace, Insomnia Coffee and Moreish), the Northern Irish petrol stations still use Spar and its brands (Daily Deli, Subway franchises and Barista Bar) as its own franchises for shops.