EG Group Agrees To Sell 218 KFC UK&I Franchise Restaurants
EG Group today announces that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division.
Mergers & Acquisitions
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EG Group is pleased to announce it has entered into a binding agreement for the acquisition of Schrader Oil (“Schrader”) in the United States of America.
Partnerships
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Sbarro today announced its partnership with EG Group in the United Kingdom and the opening of the first Sbarro restaurant. The first opening will be at EG Group’s Armada location in Birmingham.
People
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EG Group is pleased to announce the appointment of John Carey as an independent Non-Executive Director with immediate effect.
Awards
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Zuber & Mohsin Issa, Founders and co-CEO’s of EG Group were honoured today in the Queen’s Birthday Honours List 2020. Both brothers have been awarded a CBE for their contribution to business and philanthropy.
Mergers & Acquisitions
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Blackburn-based, international petrol forecourt and convenience retail operator EG Group announces it has entered into a binding agreement to acquire ASX listed Oliver’s Real Food Limited (ASX: OLI) (“Oliver’s”) via a scheme of arrangement. If the scheme is implemented, Oliver’s shareholders will receive A$0.10 cash per Oliver share, valuing Oliver’s diluted equity at approximately A$27m.
Mergers & Acquisitions
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Blackburn-based, international petrol forecourt and convenience retail operator EG Group is pleased to announce the acquisition of the largest KFC franchise in the UK & Ireland from Belfast-headquartered, The Herbert Group.
Mergers & Acquisitions
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EG Group, one of the leading global independent operators of gas stations and convenience stores, announced today the completion of their Cumberland Farms acquisition. Based out of Westborough in Massachusetts, Cumberland Farms operates 567 convenience stores in seven northeast states and Florida.
Mergers & Acquisitions
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EG Group is pleased to announce it has entered into a binding agreement for the acquisition of Cumberland Farms in the United States of America. Cumberland Farms operates approximately 600 convenience retail stores and fuel stations across seven north-east states and Florida and employs c.9,000 people.