EG Group completes sale of Italian business
December 15, 2025 – EG Group has today completed the sale of its Italian business (“EG Italia”) to a consortium of established Italian operators comprising PAD Multienergy S.p.A, Vega Carburanti S.p.A, Toil S.p.A, Dilella Invest S.p.A and GIAP s.r.l following approval from the Italian Competition Authority. This transaction values EG Italia at an enterprise value of €425 million.
EG Group is pleased to announce the successful management takeover and transaction completion from ESSO Italiana of approximately 1,100 ESSO service stations and about 100 fuel supply contracts for third party sites in Italy. This is part of the EG Group strategic partnership with ExxonMobil, making the organisation the largest single Retail Branded Wholesaler customer globally.
EG Group announces petrol forecourt convenience retail expansion plans in United States by entering into a definitive agreement with The Kroger Co. (NYSE: KR) for the sale of their 762 site network for a consideration of $2.15 billion.
As the leading independent petrol forecourt operator gears up for the next phase of its international growth and expansion, EG Group has appointed Salvatore Bianca as Country Manager to lead the strategic development of the petrol forecourt retail convenience offer in Italy.
Strategic agreement includes sale of ExxonMobil-owned and operated service stations and conversion to a branded wholesaler model
Conversion consistent with company’s approach in other European markets
ExxonMobil to continue supplying fuels to Esso-branded station network
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