Euro Garages parent company EG Group has completed the takeover of the German Esso service station network from ExxonMobil. EG Group will operate as a brand partner of Esso in the future.

This takeover is the conclusion of an agreement to transfer announced by both companies at the end of November last year.

Mohsin Issa, founder and co-CEO of the EG Group, which now operates about 5,000 stations in Europe and US, said: "I’d like to specially thank the Esso Deutschland team for their comprehensive handover and outstanding support during the period since the announcement last November.

"We have taken over a well-managed business with a strong track record of serving German customers."