EG GROUP COMPLETES THE SALE OF THE MAJORITY OF ITS UK&I BUSINESS TO ASDA
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).
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
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 ...
Euro Garages Rivington North Services have been named 2nd best in the UK after comprehensive customer research conducted by travel watchdog Transport Focus.
Intervias Group has reached an agreement with Esso Italiana S.r.l. – an ExxonMobil company – for the purchase of the going concern consisting of 1,176 Esso branded service stations, located in several Italian regions.
Euro Garages has submitted plans to build a three-storey office block and two drive through restaurants in Haslingden Road, Blackburn, close to the hospital and our existing head office.