All Euro Garages articles
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NewsMarket prepares for sell-off of up to 50 Euro Garages sites to win Asda clearance
Speculation is growing that EG Group will sell off a significant number of its sites to avoid a major investigation into the takeover of Asda by the group’s founders, Zuber and Mohsin Issa, and their backers.
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News
EG Group acquires fast-food chain Leon
EG Group has acquired British fast-food restaurant chain Leon Restaurants Limited (Leon).
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Equipment News
EG Group partners with SATO to provide “excellent standards” of food safety
EG Group has partnered with auto-ID and labelling solutions specialist SATO, to deliver complete end-to-end food safety through its innovative FX3-LX label printing solution.
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News
EG Group planning PFS and coffee drive-thru at greenfield site at Colne in Lancashire
A developer based at EG Group’s head office in Blackburn has applied for planning permission to build a petrol filling station, coffee drive-thru unit, electric charging hub and two industrial units at a site at the end of the M65 motorway at Colne in Lancashire.
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News
Forecourt Trader’s new Top 50 Indies demonstrates resilience of sector
MFG has been confirmed as the number one in Forecourt Trader’s 2021 Top 50 Indies, which was published this week.
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News
EG Group opens new-to-industry service station at Rushden
EG Group has opened a new-to-industry site at Rushden in Northamptonshire.
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News
EG Group reports strong 2020 performance and resilience in latest trading update
Despite unprecedented and challenging conditions, EG Group has shown resilience in its financial performance in the past year, according to co-CEO Mohsin Issa, as the company announced its final quarter and unaudited full-year 2020 results.
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News
EG Group appoints Dame Alison Carnwath as non-executive director
EG Group has announced the appointment of Dame Alison Carnwath as a non-executive director and as chair of the Audit Committee with effect from March 1.
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News
Asda deal completes for Issa brothers and TDR Capital
The acquisition of Asda by the founders and co-CEOs of the EG Group - Mohsin and Suber Issa - and investment funds managed by TDR Capital LLP, has been completed, according to a joint announcement today by all parties concerned including Walmart Inc and Asda Group Limited.
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Equipment News
EG Group’s US operation selects Titan Cloud software to manage fuel and environmental compliance
Euro Garages’ parent company, EG Group, has chosen Titan Cloud Software as a platform for environmental compliance and fuel inventory management in north America.
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News
EG Group agrees £750m deal to buy Asda’s forecourt business
Euro Garages’ parent company EG Group has agreed a deal to acquire Asda’s petrol filling stations, car washes and ancillary land for £750m.
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News
EG Group marches on with €485m purchase of 285 sites in Germany
EG Group growth continues with the latest agreed acquisition of a network of 285 petrol station forecourts in Southern Germany from OMV Deutschland GmbH, for €485 million.The acquisition will expand EG’s presence in Germany, where EG already operates sites under the Esso fuel brand.
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News
Competition and Markets Authority launches inquiry into proposed takeover of Asda
The Competition and Markets Authority (CMA) has launched an inquiry into the proposed £6.8bn takeover of Asda by EG Group’s founders Mohsin and Zuber Issa in partnership with private equity group TDR Capital.
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News
EG Group opens its first UK bakery in partnership with US company Cinnabon
EG Group has opened the first bakery in its new partnership with US company Cinnabon at Frontier Park in Blackburn. Additional bakeries are set to open in January 2021.
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News
Bid by EG Group CEOs to buy Caffe Nero is rejected
An offer to buy Caffe Nero by EG Group’s founders and co-CEOs, Zuber and Mohsin Issa, has been rejected.
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News
EG Group to open first of planned 150 Cinnabon stores this week
EG Group has partnered with US bakery Cinnabon, to open the brand’s newest bakery on December 4 at Frontier Park in Blackburn. Additional bakeries are set to open in January 2021.
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Feature
TALKING HEADS: Vision that led to a global network - Ilyas Munshi, EG Group
Ilyas Munshi on EG Group’s founding vision and rapid transition into a leading, global convenience retailer.
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News
EG Group’s owners share issue could help fund their £6.8bn buyout of Asda
EG Group’s owners have raised hundreds of millions of pounds through a share issue that could help fund their £6.8bn buyout of Asda.
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News
EG Group appoints former BP executive to board and reports surge in EBITDA
Former BP executive John Carey has joined the board of EG Group as a non-executive director as it revealed a surge in earnings for the third quarter of 2020. Carey held a senior position at BP advising on alternative fuels and also has international experience of forecourt and convenience retailing. In July he was appointed chairman of GripHero, the developer of fuel nozzle-mounted hand-protection dispensers.
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News
EG Group adds another chain to its estate in United States
EG Group has agreed a deal to buy Schrader Oil, a chain of 18 convenience stores and fuel stations in Northern Colorado that employs 150 people. EG Group already operates a network of 88 Loaf ‘N Jug convenience stores in Colorado, with about 1,500 employees, and the Schrader Oil sites will be rebranded to Loaf ‘N Jug.
