GB Oils turnover soars above 3bn Pounds

According to recent news, GB Oils, a fuels company, as a result of multiple acquisitions has taken the company above £3bn turnover barrier. The company while commenting on the recent news said, “The Company will seek every opportunity to increase profitable turnover, both by organic growth and acquisition. During the financial year, the company acquired a number of businesses. In addition, further investment has been made during the year directed towards the upgrade of the company’s distribution fleet, infrastructure and IT systems. Given the current economic climate, the directors consider the performance of the business to be satisfactory.”