MRS is a Pan-African conglomerate of companies diversified in activities, but focused on capturing the entire value chain in oil trading, shipping, storage, distribution and retailing of petroleum products. MRS which was founded in 1995, commenced operations with MRS Transport Co. Ltd to bridge the gap in haulage of petroleum products to end users. Following the expansion of the haulage business, MRS Oil and Gas Co. Ltd was incorporated to purchase and distribute refined products from its storage facility in Tin Can. In 2004, MRS Holdings Limited was incorporated to oversee all the business segments of the group with its operational Headquarters in Lagos.