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.
Achievement
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The new Flagstaff Island services were officially opened by Roger Bayliss – Mayor of Ashby-de-la-Zouch – on Friday 8th June, welcoming customers for the first time.
Mergers & Acquisitions
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EG Group is pleased to announce the successful completion of its acquisition of 762 convenience stores in the USA from Kroger Co. including 66 franchise operations, operating in 18 states and employing 11,000 associates under the following banner names: Turkey Hill, Loaf ‘N Jug, Kwik Shop, Tom Thumb and Quik Stop.
Mergers & Acquisitions
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EG Group announce that they have entered into a definitive agreement with NRGValue Holding Nederland B.V. for the acquisition of all shares in NRGValue Retail B.V. which encompasses their 97 site Esso branded network in the Netherlands.
Mergers & Acquisitions
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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.
Mergers & Acquisitions
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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.
People
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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.
Mergers & Acquisitions
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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
Achievement
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Plans for Euro Garages new head office facilities have been approved and agreed by Blackburn with Darwen Borough Council. Council leader, Councillor Mohammed Khan and ...