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.
Business
BLACKBURN, UK: June 7, 2024 – EG Group has today confirmed that it has agreed to sell its remaining UK forecourt business and certain standalone foodservice locations for a headline consideration of £228m to co-founder Zuber Issa.
Finance
BLACKBURN, UK: June 7, 2024 – EG Group is pleased to announce a trading update for the first quarter of 2024, representing the three months to March 31, 2024.
Sustainability
EG Group is pleased to announce that it has agreed to a deal to acquire Tesla’s latest ultra-fast charging units for EG’s rapidly growing evpoint business.
Business
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EG Group today confirms that it has completed the sale of the majority of its UK&I fuel, foodservice, grocery and merchandise business to Asda for a cash consideration of £2bn ($2.5bn).
People
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EG Group is pleased to announce the appointment of John Carey as CEO and President of EG America, effective from 1 October 2023, to drive forward its successful growth strategy in the US.
Sustainability
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EG Group is pleased to announce that it has raised more than £47,000 for Macmillan Cancer Support, the UK’s leading cancer care charity, following a four-month partnership.
Business
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EG America, LLC (“EG America”), a subsidiary of EG Group Ltd. (“EG Group”), today announced an agreement to sell 63 of its convenience stores to Casey’s General Stores, Inc. (“Casey’s”) (Nasdaq: CASY).
Business
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EG Group, master franchisee of iconic US bakery Cinnabon in the United Kingdom, is pleased to announce the opening of its flagship store in Newcastle city centre. The world-famous bakery will be located on Grainger Street, a prime location in Newcastle, and will create 12 new full and part time roles within the community.