{{About|the group founded in 2001|Zuber Issa's separate firm|EG On The Move|the Australian division|EG Australia}} {{Short description|British-founded multinational convenience retail group}} {{Use dmy dates|date=January 2025}} {{Use British English|date=January 2025}} {{Infobox company | name = EG Group Limited | logo = EGgroupLogo.svg | logo_size = 200 | former_name = {{Ubl | Euro Garages (2001–2016) | Intervias Group (2016–2018) }} | type = Private | founded = {{start date and age|2001}} | founder = {{Ubl |Mohsin Issa | Zuber Issa }} | hq_location_city = Bolton, Greater Manchester, United Kingdom<ref>{{Cite web |title=EG GROUP HOLDINGS LIMITED filing history - Find and update company information - GOV.UK |url=https://find-and-update.company-information.service.gov.uk/company/10440046/filing-history#:~:text=Table_title:%20Filter%20by%20category%20Table_content:%20header:%20%7C,29%20December%202025%20with%20no%20updates%20%7C |access-date=2026-03-16 |website=find-and-update.company-information.service.gov.uk |language=en}}</ref> | hq_location_country = | area_served = {{Plainlist| * Benelux * Germany * United Kingdom * United States * Australia (pending sale) * France (pending sale) * Ireland (former) * Italy (former) }} | key_people = {{Plainlist| * Roland Smith (chairman) * Russell Colaco (CEO) }} | industry = Convenience store retail and fuel retailing | owner = TDR Capital (50%)<br>Mohsin Issa (25%)<br>Zuber Issa (25%) | brands = {{Plainlist| * Certified Oil (USA) * Cumberland Farms (USA) * EVPoint (UK) * Fastrac (USA) * Go Fresh Bakery (Netherlands/Belgium) * Kwik Shop (USA) * Loaf 'N Jug (USA) * Maxi Autohof (Germany) * Minit Mart (USA) * QuikStop (USA) * Sprint (USA) * Tom Thumb (USA) * Turkey Hill (USA) }} | website = {{Official website|https://www.eg.group}} }}
'''EG Group Limited''' is a British multinational operator of filling stations, convenience stores and fast-food service providers across Europe, the United States, and Australia.
Founded in 2001 by Mohsin and Zuber Issa as '''Euro Garages''', the company began with a single petrol station in Bury, Greater Manchester. The company expanded rapidly across the United Kingdom by acquiring forecourts from oil companies exiting forecourt operations, and upgrading retail and food provisions at these locations.
In October 2015, TDR Capital acquired a minority stake in Euro Garages, and in 2016 TDR's European Forecourt Retail Group (EFR) merged with the business to form '''Intervias Group''', later renamed '''EG Group'''. This period marked significant international growth largely financed through debt, which reached nearly £8 billion by March 2023.
The company has since pursued restructuring to reduce debt, including sale-and-leaseback deals in the United States, as well as leaving the Australian, French and Italian markets, and divesting of most of its domestic assets to Asda, EG On The Move and Yum! Brands.
In April 2026, EG Group relocated its British headquarters from Blackburn to Bolton, and has announced it will relocate its American offices from Westborough, Massachusetts to Charlotte, North Carolina. The company is expected to rename its United States and United Kingdom businesses as '''Cumberland Farms Group'''. The company also continues to trade as EG Group in Germany and the Benelux region.
== History ==
=== Growth and national expansion (2001–2015) === In March 2001, brothers Mohsin and Zuber Issa purchased a BP forecourt in Bury, Greater Manchester for £150,000.<ref name="sundaytimeshighoctanerise">{{cite news|last1=McCall|first1=Alastair|last2=Watts|first2=Robert|title=High-octane rise of brothers' firm shows family value|work=The Sunday Times|date=7 May 2017|page=3}}</ref> Later in the same year, the brothers would acquire additional forecourts.<ref>{{cite web |title=Our Enterprise Journey |url=https://www.eg.group/our-enterprise-journey/#2001 |access-date=23 March 2024 |website=www.eg.group}}</ref>
In October 2006, the group began rolling out Subway concessions at its forecourts.<ref>{{cite web |title=Our Enterprise Journey |url=https://www.eg.group/our-enterprise-journey/#2006 |access-date=23 January 2024 |website=www.eg.group}}</ref>
By July 2007, the group had formed partnerships with Shell and Texaco, as well as Spar and Costcutter for grocery and merchandising.<ref>{{cite web |last=House |first=Companies |date=31 July 2007 |title=Euro Garages Limited – directors report and financial statements |url=https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/KAMTfGYNMV8uHl--fhoWPwB45oUPMP7-k05mUktPdz0/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3G47KTDMP%2F20240824%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20240824T225120Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEL3%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaCWV1LXdlc3QtMiJGMEQCIGGTS3owWYWl9ZMnC5omiYokka8co%2Bk8yH%2FPpn3%2F%2Bz5aAiApxlOdohZQ%2BBslqIOP2tKcdjfkBLlE33BrcEZyr1r8kSrDBQjG%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F8BEAUaDDQ0OTIyOTAzMjgyMiIMq1GgNmRPyeLyzcaHKpcFxwF%2FliIzb%2FgUYphf4hwe%2BWJFKmIT%2Fln12taokE3ohvTCyBT1V4g0MFLB%2BSuP7ceU0Vp%2FKLFAm06eOqoxATnfghX%2FMzJbn5dUzwXaatsAtkcPSF6XE8aFRQnAGRRUIZuyLEJqD2ESV21QfWLR9FbDoGfKoJ7InUs9mPF8lyWTs93Ed3z9zKxgDnpY%2BjsD%2FahbPUapSdEfERExcY09rkavU0lWllsc1bx7zAAX%2B2AFluMwVUDzkC6rOzhajgFlUWRG1778skOXAuYstDzz6MBqOyh3tG1v6waZ1mBbCoCoxwiG7XwTKtyMF%2FLDenRMhZABDb%2B%2FlGEVWW0S07rYYfkJVdWrUO09xXNw5RYDfPj04AWkM6U4UtSh9c%2FrveMiBqV%2F5fe0qbfao%2Bk6VQFSjPxvY5yAwVTROiw6y5WRGZnpdfEBk4du8Ilb9DXN4WjSAQh2KjLGrhGLR%2FdjgAy9OVyx47FZjb1HFfReydqTv%2BFhebBZz3jSTWIm25%2BLiFf6604a9IUr2BsVqUJyA7DbE9mboJ4lQZ5UagoCjgBgbGaWHEcNfxCGkmfwbOA6IlmeCFtp%2FKCSiSP4rT9VTc2ag4Scl2MFIB1%2BaQar8g%2FaoaHeDDuOeB0jKnrviCZIIFYwOYg0T9ZKU3oASeFWETgvONGVwUYpXwY1xx66AW%2BRjnixDJ5W8JknKotKpIlvXA6qLg8%2BjYcXwLXm00wqZW2NwfrLqa3xqdXKyE3Xx4O7tB1L4KJ5aV8dCcrJJnRD3TECJaytbHCXb4QP7K%2F%2F2GNpCnx9qns7cX97%2BTvRHpmJppzRzasyjeb6bgrwr5ZFIjHHU%2BX7%2FEPbGxcpOIYVZl%2FwYHIO00vx53fbhMEZsK%2FLHa3183w86xu3UIvwMKiJqbYGOrIBjEsqGECtL4a2yQulytJEtHymN4khfT19v8G5ffrqL%2BlOqtFQAP%2BwU7lwLQo1dWct9BWzQPtRqb7ezLCSh0JWDjB9W%2Bog0WuCufY3L3uxBcH%2FBwydEXroDh9A13rdpwV8qByOlCLRTUKZAjGzOqYrxkM%2B44NjlshijmtCFam4GnD3daFzvPUQIwO6oeBnPcTvA2RXeU%2BSm9fv3PE0D%2FBxxwlNshI%2FyI9p8d%2BH9Kc9fZB%2BtQ%3D%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=11fa25297c3af91b736a8d62da3695f12ae71ee335d12fd40999e93a1bfcf979 |access-date=24 August 2024 |website=Companies House}}</ref>
By February 2009, Euro Garages had 73 forecourts across North England and the Midlands.<ref>{{cite web |date=23 February 2009 |title=Euro Garages {{!}} Petrol station forecourt operator in North of England {{!}} About us |url=http://www.eurogarages.com/about_euro_garages/about_euro_garages.php |access-date=23 January 2024 |archive-url=https://web.archive.org/web/20090223220639/http://www.eurogarages.com/about_euro_garages/about_euro_garages.php |archive-date=23 February 2009 }}</ref>
In July 2009, Euro Garages acquired its first motorway service area, Rivington services, and invested £12.5 million in refurbishing it.<ref>{{cite news |date=26 July 2011 |title=£12.3m rebuild of Lancashire service station complete |url=https://www.lancashiretelegraph.co.uk/news/9160517.12-3m-rebuild-lancashire-service-station-complete/ |access-date=21 August 2024 |newspaper=Lancashire Telegraph }}</ref> In the same month, the group partnered with JJ Beano's to deploy Coffee Nation dispensers to its sites.<ref>{{cite web |date=3 August 2009 |title=Euro Garages does coffee deal with JJ Beano's |url=https://forecourttrader.co.uk/equipment-news/euro-garages-does-coffee-deal-with-jj-beanos/630325.article |access-date=25 August 2024 |website=Forecourt Trader }}</ref>
In January 2010, the group began franchising Starbucks locations, and in November of that year began a franchise agreement with Burger King.<ref>{{cite web |title=Our Enterprise Journey |url=https://www.eg.group/our-enterprise-journey/#2010 |access-date=23 January 2024 |website=www.eg.group}}</ref>
In February 2013, Euro Garages acquired 45 Esso petrol stations in North England and Wales from ExxonMobil, who were offloading their forecourt sites to focus on their core production and refining business.<ref>{{cite news |title=Euro Garages buys 45 Esso petrol stations |url=https://www.ft.com/content/e998acae-6fa6-11e2-b906-00144feab49a |url-access=subscription |access-date=23 January 2024 |newspaper=Financial Times}}</ref><ref>{{cite news |last=Mustoe |first=Howard |date=2 October 2020 |title=Who are Asda's new owners the Issa brothers? |url=https://www.bbc.com/news/business-54343391 |url-status=live |archive-url=https://web.archive.org/web/20201003191753/https://www.bbc.com/news/business-54343391 |archive-date=3 October 2020 |access-date=3 October 2020 |work=BBC News }}</ref> In the same month, the group acquired a number of vacant Little Chef premises, to transform into Starbucks franchises.<ref>{{cite web |title=Euro Garages to convert 30 Little Chefs to Starbucks |url=https://www.caterlyst.com/Caterlyst3/Insight/Sector.aspx?t=14&n=3703 |access-date=17 February 2024 |website=Caterlyst}}</ref>
In July 2013, the group entered into a trial agreement with Greggs, who wanted to enter the food-to-go sector.<ref>{{cite web |title=Propel Newsletter Archive Page |url=https://www.propelinfonews.com/pi-Newsletter.php?datetime=2013-08-06%2008:00:00 |access-date=23 January 2024 |website=www.propelinfonews.com}}</ref>
In January 2014, Euro Garages acquired another 48 Esso forecourts in the Midlands, nearly doubling Euro Garages' reach to 180 sites across the UK.<ref>{{cite web |last=Begum |first=Shelina |date=15 January 2014 |title=Euro Garages to acquire 48 Esso sites |url=http://www.manchestereveningnews.co.uk/business/deals/euro-garages-acquire-48-esso-6510953 |access-date=23 January 2024 |website=Manchester Evening News }}</ref> In April 2015, the group acquired another 104 Esso forecourts.<ref>{{cite web |date=7 April 2015 |title=Euro Garages to buy 104 sites from Esso |url=https://forecourttrader.co.uk/news/euro-garages-to-buy-104-sites-from-esso/636489.article |access-date=23 January 2024 |website=Forecourt Trader }}</ref> In October 2015, the group purchased 68 forecourts from Shell.<ref>{{cite web |title=Euro Garages snaps up 68 new locations |url=https://www.lancashirebusinessview.co.uk/latest-news-and-features/euro-garages-snaps-up-68-new-locations |access-date=23 January 2024 |website=Lancashire Business View }}</ref>
=== TDR Capital and international expansion (2015–2023) === In October 2015, TDR Capital purchased a minority stake in Euro Garages.<ref>{{cite web |last=Begum |first=Shelina |date=20 October 2015 |title=TDR Capital takes a bite into Euro Garages for £1.3bn |url=http://www.manchestereveningnews.co.uk/business/business-news/tdr-capital-takes-bite-euro-10298713 |access-date=24 January 2024 |website=Manchester Evening News }}</ref> In the same month, the group announced a partnership with Mother Hubbard's Fish and Chips, opening a location on Preston New Road, Blackburn.<ref>{{Cite web |title=Mother Hubbard's comes to Blackburn {{!}} Euro Garages News |url=http://www.eurogarages.com/news/mother-hubbards-comes-to-blackburn |archive-url=https://web.archive.org/web/20160627180800/http://www.eurogarages.com/news/mother-hubbards-comes-to-blackburn |archive-date=2016-06-27 |access-date=2026-04-05 |website=www.eurogarages.com}}</ref>
In February 2016, Euro Garages formed a franchise partnership with KFC.<ref>{{cite web |last=Wood |first=John |date=15 March 2017 |title=Euro Garages opens its first KFC drive-thru |url=https://forecourttrader.co.uk/news/euro-garages-opens-its-first-kfc-drive-thru/639729.article |access-date=24 January 2024 |website=Forecourt Trader }}</ref>
In October 2016, Euro Garages merged with TDR Capital's European Forecourt Retail group (EFR), to create Intervias Group, a new group comprising 1,450 locations, with a presence in the UK, France, the Netherlands, Belgium and Luxembourg.<ref>{{cite web |last=Wood |first=John |date=5 October 2016 |title=Euro Garages merges to form giant group |url=https://forecourttrader.co.uk/news/euro-garages-merges-to-form-giant-group/638928.article |access-date=24 January 2024 |website=Forecourt Trader }}</ref>
In January 2017, Intervias Group began a trial to roll-out Sainsbury's Local to forecourts in the UK, though these were unsuccessful and were changed to Spar.<ref>{{cite web |date=6 October 2016 |title=Fast-growing Blackburn firm Euro Garages secures deal with Sainsbury's |url=https://www.lancashiretelegraph.co.uk/news/14786812.fast-growing-blackburn-firm-euro-garages-secures-deal-sainsburys/ |access-date=23 January 2024 |website=Lancashire Telegraph }}</ref> The group would later collaborate with Sainsbury's again to create Sainsbury's on the Go, though this concept was discontinued later on as well.<ref>{{cite web |last=Wire |date=4 August 2020 |title=Sainsbury's 'On the Go' store opens at Esso Ruddington service station {{!}} West Bridgford Wire |url=https://westbridgfordwire.com/sainsburys-on-the-go-store-opens-at-ruddington-service-station/ |access-date=29 August 2024 }}</ref>
In February 2017, Intervias Group purchased 78 UK properties from Kout Food Group, this including all 70 Little Chef sites (some with attached Burger King and Subway franchises) and eight standalone Burger King sites for £16 million.<ref>{{cite news |title=Questions over Little Chef future as owner sells restaurants |work=belfasttelegraph |url=https://www.belfasttelegraph.co.uk/business/news/questions-over-little-chef-future-as-owner-sells-restaurants-35421853.html |access-date=29 June 2022 |issn=0307-1235 |archive-date=29 June 2022 |archive-url=https://web.archive.org/web/20220629195127/https://www.belfasttelegraph.co.uk/business/news/questions-over-little-chef-future-as-owner-sells-restaurants-35421853.html |url-status=live }}</ref><ref>{{cite web |date=2 July 2017 |title=Euro Garages invested £16m on Little Chef deal |url=https://www.mca-insight.com/coffee-shops/euro-garages-invested-16m-on-little-chef-deal/555764.article |access-date=8 November 2024 |website=MCA Insight }}</ref> The group would then transform the Little Chef sites into franchise partners by October 2018.<ref>{{cite web |last=Media |first=Insider |title=Little Chef sites sold to Euro Garages |url=https://www.insidermedia.com/news/national/little-chef-sites-sold-to-euro-garages |access-date=4 May 2022 |website=Insider Media Ltd |date=6 February 2017 |archive-date=22 April 2022 |archive-url=https://web.archive.org/web/20220422121146/https://www.insidermedia.com/news/national/little-chef-sites-sold-to-euro-garages |url-status=live }}</ref> The group founded EG Diner as a stopgap in January 2018, when its licence to use the Little Chef name expired, ending the Little Chef brand after almost 60 years.<ref>{{cite web |last=Farrell |first=T. |date=11 December 2013 |title=The rise and fall of the Little Chef empire (1958–2018) |url=http://letslookagain.com/2013/12/the-rise-and-fall-of-little-chef/ |access-date=29 June 2022 |website=Let's Look Again |archive-date=28 October 2021 |archive-url=https://web.archive.org/web/20211028084754/http://letslookagain.com/2013/12/the-rise-and-fall-of-little-chef/ |url-status=live }}</ref>
In August 2017, EG Group opened its first hotel site, a former Travelodge hotel site in Monmouth, Wales, reopening it as Raglan Lodge. Another former Travelodge hotel site location at Rivington Services was acquired and reopened as Rivington Lodge.<ref>{{cite web |title=News {{!}} Airwave Europe |url=https://www.airwave.tv/2500/Airwave-supply-and-install-EG-Groups-first-hotel |access-date=28 May 2024 |website=www.airwave.tv }}</ref>
In November 2017, the business secured approximately 1,000 petrol stations from Esso in Germany, which would be transferred and integrated into the existing network by October 2018.<ref>{{cite news |date=29 November 2017 |title=ExxonMobil and EG Group Enter into New Partnership for German Esso Stations |url=http://www.eurogarages.com/exxonmobil-and-eg-group-enter-into-new-partnership-for-german-esso-stations/ |archive-url=https://web.archive.org/web/20190728082733/http://www.eurogarages.com/exxonmobil-and-eg-group-enter-into-new-partnership-for-german-esso-stations/ |archive-date=28 July 2019 |access-date=11 April 2018 |work=EG Group }}</ref>
In December 2017, Intervias Group announced a partnership with Krispy Kreme in the UK.<ref>{{cite web |title=Our Enterprise Journey |url=https://www.eg.group/our-enterprise-journey/#2017 |access-date=24 January 2024 |website=www.eg.group}}</ref>
In January 2018, Intervias Group announced that it had completed the acquisition of circa 1,200 sites in Italy from Esso.<ref>{{cite web |title=EG Group completes on 1,200 Esso sites in Italy – Forecourt Trader |url=https://forecourttrader.co.uk/news/fullstory.php/aid/14632/EG_Group_completes_on_1,200_Esso_sites_in_Italy.html |url-status=live |archive-url=https://web.archive.org/web/20230121182139/https://forecourttrader.co.uk/news/eg-group-completes-on-1200-esso-sites-in-italy/641297.article |archive-date=21 January 2023 |access-date=11 April 2018 |website=forecourttrader.co.uk}}</ref> In April 2018, Intervias Group completed the acquisition of a portfolio of 97 sites in the Netherlands to supplement is existing network in the country.<ref>{{cite news |title=Nieuws {{!}} NRGValue |url=https://www.nrgvalue.com/nieuws/ |access-date=11 May 2018 |work=NRGValue |language=nl-NL |archive-date=11 May 2018 |archive-url=https://web.archive.org/web/20180511220156/https://www.nrgvalue.com/nieuws/ }}</ref>
On 5 February 2018, Intervias Group announced that it would purchase nearly eight hundred Kroger convenience stores for $2.15 billion.<ref>{{cite news |date=5 February 2018 |title=Kroger to sell its convenience stores to UK's EG Group for $2.15 billion |url=https://www.cnbc.com/2018/02/05/kroger-to-sell-its-convenience-stores-to-uks-eg-group-for-2-point-15-billion.html |archive-url=https://web.archive.org/web/20180206190115/https://www.cnbc.com/2018/02/05/kroger-to-sell-its-convenience-stores-to-uks-eg-group-for-2-point-15-billion.html |archive-date=6 February 2018 |access-date=7 February 2018 |work=CNBC}}</ref> In December 2018, EG Group completed its acquisition of 225 sites of Minit Mart from Travel Centers of America LLC for upwards of US$330m.<ref>{{cite web |last=Lindenberg |first=Greg |date=7 December 2018 |title=TravelCenters of America Completes Minit Mart Sale |url=https://www.cspdailynews.com/mergers-acquisitions/travelcenters-america-completes-minit-mart-sale |url-status=live |archive-url=https://web.archive.org/web/20230121182142/https://www.cspdailynews.com/mergers-acquisitions/travelcenters-america-completes-minit-mart-sale |archive-date=21 January 2023 |access-date=4 February 2019 |website=CSP Daily News }}</ref>
On 9 November 2018, Australian retailer Woolworths announced to the Australian Securities Exchange it had entered into a binding agreement to sell its 540 fuel convenience sites to EG Group for {{A$|link=yes}}1.72bn. This created EG Australia.<ref>{{cite news |last1=Hatch |first1=Patrick |date=9 November 2018 |title=Woolworths offloads servos to British group EG for $1.7 billion |url=https://www.smh.com.au/business/companies/woolworths-offloads-servos-to-british-group-eg-for-1-7-billion-20181109-p50f4n.html |url-status=live |archive-url=https://web.archive.org/web/20230121182657/https://www.smh.com.au/business/companies/woolworths-offloads-servos-to-british-group-eg-for-1-7-billion-20181109-p50f4n.html |archive-date=21 January 2023 |access-date=9 November 2018 |publisher=Fairfax Media |agency=The Sydney Morning Herald}}</ref>
In July 2019, EG Group completed its acquisition of fifty four Fastrac branded sites in the United States,<ref>{{cite web |last=Lindenberg |first=Greg |date=2 July 2019 |title=EG Group Completes Fastrac Acquisition |url=https://www.cspdailynews.com/mergers-acquisitions/eg-group-completes-fastrac-acquisition |url-status=live |archive-url=https://web.archive.org/web/20230121182140/https://www.cspdailynews.com/mergers-acquisitions/eg-group-completes-fastrac-acquisition |archive-date=21 January 2023 |access-date=19 July 2019 |website=CSP Daily News }}</ref> and announced a deal to acquire sixty nine sites operated by Certified Oil, also in the United States.<ref>{{cite web |last=Lindenberg |first=Greg |date=13 May 2019 |title=EG Group to Acquire Certified Oil Business |url=https://www.cspdailynews.com/mergers-acquisitions/eg-group-acquire-certified-oil-business |access-date=19 July 2019 |website=CSP Daily News }}</ref> On 31 July 2019, EG Group announced having entered a binding agreement to purchase Cumberland Farms.<ref>{{cite web |title=EG Group to acquire Cumberland Farms in the USA |url=https://www.eg.group/news/eg-group-to-acquire-cumberland-farms-in-the-usa/ |url-status=live |archive-url=https://web.archive.org/web/20230121182141/https://www.eg.group/news/eg-group-to-acquire-cumberland-farms-in-the-usa/ |archive-date=21 January 2023 |access-date=9 December 2021 |website=www.eg.group}}</ref><ref>{{cite web |title=EG Group to Acquire Cumberland Farms |url=https://www.cspdailynews.com/mergers-acquisitions/eg-group-acquire-cumberland-farms |url-status=live |archive-url=https://web.archive.org/web/20230121182141/https://www.cspdailynews.com/mergers-acquisitions/eg-group-acquire-cumberland-farms |archive-date=21 January 2023 |access-date=1 August 2019 |website=CSP Daily News}}</ref><ref>{{cite web |date=31 July 2019 |title=UK's EG Group Buys Cumberland Farms C-Store Chain |url=https://cstoredecisions.com/2019/07/31/uks-eg-group-buys-cumberland-farms-c-store-chain/ |website=CStore Decisions}}</ref> EG America has become the nation's fourth largest convenience store chain following 7-Eleven's purchase of Speedway, and with Circle K and Casey's occupying the other spots ahead of EG America.<ref>{{cite web |title=EG America LLC |url=https://cspdailynews.com/top-202-convenience-stores-2020/eg-america-llc |url-status=live |archive-url=https://web.archive.org/web/20230121182659/https://www.cspdailynews.com/top-202-convenience-stores-2020/eg-america-llc |archive-date=21 January 2023 |access-date=9 December 2021 |website=CSP Daily News}}</ref><ref>{{cite web |title=Our brands |url=https://www.turkeyhillcstores.com/our-brands |url-status=live |archive-url=https://web.archive.org/web/20230121182658/https://www.turkeyhillcstores.com/our-brands |archive-date=21 January 2023 |access-date=9 December 2021 |publisher=Turkey Hill Stores}}</ref> Some EG America locations have begun offering franchised food concepts at their locations, such as Subway, Burger King, Sbarro, and Hunt Brothers Pizza, to compete better with chains that have long-established in-house food products.<ref>{{cite news |last=Kulp |first=Andrew |date=31 January 2020 |title=Taking aim at competition, Turkey Hill partners with fast food chains |url=https://www.readingeagle.com/money/taking-aim-at-competition-turkey-hill-partners-with-fast-food/article_e9b01ec4-42cc-11ea-8264-bf2d15d89311.html |access-date=13 March 2020 |work=Reading Eagle |archive-date=1 February 2020 |archive-url=https://web.archive.org/web/20200201193857/https://www.readingeagle.com/money/taking-aim-at-competition-turkey-hill-partners-with-fast-food/article_e9b01ec4-42cc-11ea-8264-bf2d15d89311.html }}</ref>[[File:Smith's Express in Gillette, Wyoming.jpg|thumb|Former Loaf 'N Jug now a Kroger's Smith's Express in Gillette, Wyoming<ref>{{cite news |last=Truchot |first=Jeff |date=29 March 2018 |title=Loaf 'N Jug stores changing hands |url=http://www.wyomingbusinessreport.com/industry_news/retail/loaf-n-jug-stores-changing-hands/article_aa82042a-338c-11e8-bc88-e7bbd646f0c3.html |work=Wyoming Business Report |access-date=2 November 2018 |archive-date=21 January 2023 |archive-url=https://web.archive.org/web/20230121182141/https://www.wyomingnews.com/wyomingbusinessreport/industry_news/retail/loaf-n-jug-stores-changing-hands/article_958c0a96-4e20-564e-9b76-2a60032d95e4.html |url-status=live }}</ref>]]
In early 2020, EG Group announced that they were opening 150 UK bakery outlets under a partnership with Cinnabon by 2025.<ref>{{cite web |date=30 November 2020 |title=EG Group to Open 150 Cinnabon® Bakeries Across the UK Under New Master Licensee Deal |url=https://uk.eurogarages.com/company-news-fuel-retailers-join-forces/ |access-date=22 December 2020 |website=Euro Garages |archive-date=27 January 2021 |archive-url=https://web.archive.org/web/20210127065255/https://uk.eurogarages.com/company-news-fuel-retailers-join-forces/ |url-status=live }}</ref><ref>{{cite web |last=Gilbert |first=Helen |date=30 November 2020 |title=Cinnabon to open 150 sites in the UK |url=https://bakeryinfo.co.uk/retail/cinnabon-to-open-150-sites-in-the-uk/650857.article |access-date=22 December 2020 |website=British Baker |archive-date=24 January 2021 |archive-url=https://web.archive.org/web/20210124120115/https://bakeryinfo.co.uk/retail/cinnabon-to-open-150-sites-in-the-uk/650857.article |url-status=live }}</ref>
In March 2020, EG Group acquired 145 KFC outlets in the UK and Ireland from The Herbert Group.<ref>{{cite web |title=EG Group buys largest KFC franchise operator in UK & Ireland |url=https://www.thegrocer.co.uk/mergers-and-acquisitions/eg-group-buys-largest-kfc-franchise-operator-in-uk-and-ireland/602750.article |access-date=21 September 2020 |website=The Grocer |archive-date=1 March 2021 |archive-url=https://web.archive.org/web/20210301224955/https://www.thegrocer.co.uk/mergers-and-acquisitions/eg-group-buys-largest-kfc-franchise-operator-in-uk-and-ireland/602750.article |url-status=live }}</ref>
In October 2020, the Issa brothers and TDR Capital won a deal to buy the supermarket chain Asda from Walmart for £6.8 billion, bringing it back into British hands after more than 20 years.<ref>{{cite news |last=Jordan |first=Dearbail |date=2 October 2020 |title=Asda bought by billionaire Issa brothers in £6.8bn deal |work=BBC News |url=https://www.bbc.co.uk/news/business-54383131 |access-date=2 October 2020 |archive-date=2 October 2020 |archive-url=https://web.archive.org/web/20201002103910/https://www.bbc.co.uk/news/business-54383131 |url-status=live }}</ref> Questions were raised after its auditor, Deloitte, "suddenly quit" to be replaced by KPMG.<ref name=":0">{{cite news |date=18 April 2021 |title=Leon: Billionaire Issa brothers buy fast food chain |work=BBC News |url=https://www.bbc.com/news/business-56792024 |access-date=18 April 2021 |archive-date=21 January 2023 |archive-url=https://web.archive.org/web/20230121182144/https://www.bbc.com/news/business-56792024 |url-status=live }}</ref> However, the group indicated there were no auditing disagreements.<ref name=":0" /> This acquisition would mean EG Group would work with Asda to create 'Asda on the Move' and 'Asda Express', transforming a number of its existing Spar sites.<ref>{{cite web |title=Asda opens largest Asda On the Move store |url=https://corporate.asda.com/newsroom/2022/03/18/asda-opens-largest-asda-on-the-move-store |access-date=10 September 2022 |website=Corporate – ASDA |archive-date=10 September 2022 |archive-url=https://web.archive.org/web/20220910193259/https://corporate.asda.com/newsroom/2022/03/18/asda-opens-largest-asda-on-the-move-store |url-status=live }}</ref>
In November 2020, EG Group entered into a binding agreement for the acquisition of 18 locations of Schrader Oil in Fort Collins, Colorado.<ref>{{cite news |last=Lindenberg |first=Greg |date=9 November 2020 |title=EG Group to Acquire Schrader Oil |url=https://www.cspdailynews.com/mergers-acquisitions/eg-group-acquire-schrader-oil |url-status=live |archive-url=https://web.archive.org/web/20230121182656/https://www.cspdailynews.com/mergers-acquisitions/eg-group-acquire-schrader-oil |archive-date=21 January 2023 |access-date=31 December 2020 |work=CSP Daily News}}</ref>
In May 2021, EG Group bought Leon Restaurants in the UK for a reported £100 million.<ref name=":0" />
In September 2021, EG Group acquired 52 British KFC restaurants from Amsric Group, becoming the largest KFC franchisee in western Europe.<ref>{{cite web |date=27 September 2021 |title=EG Group acquires 52 KFC restaurants |url=https://www.thecaterer.com/news/eg-group-buys-kfc-restaurants-issa-brothers |access-date=28 February 2024 |website=The Caterer }}</ref>
In October 2021, EG Group bought Cooplands, the UK's second-largest bakery operating mainly in North East England and Yorkshire.<ref name="men-20211004">{{cite news |last1=Robinson |first1=Jon |last2=Le |first2=Josie Vay |date=4 October 2021 |title=Billionaire Issa brothers buy Britain's second-biggest bakery in multi-million pound deal |newspaper=Manchester Evening News |url=https://www.manchestereveningnews.co.uk/news/greater-manchester-news/billionaire-issa-brothers-buy-britains-21754531 |access-date=5 October 2021 |archive-date=4 October 2021 |archive-url=https://web.archive.org/web/20211004203629/https://www.manchestereveningnews.co.uk/news/greater-manchester-news/billionaire-issa-brothers-buy-britains-21754531 |url-status=live }}</ref> Also in October 2021, the group announced it would sell 27 sites to Park Garage Group to satisfy the Competition and Markets Authority after buying Asda.<ref>{{cite web |last=Boulton |first=Merril |date=2021-10-05 |title=EG Group confirms sale of 27 sites to Park Garage Group |url=https://forecourttrader.co.uk/latest-news/eg-group-confirms-sale-of-27-sites-to-park-garage-group/660495.article |access-date=8 April 2024 |website=Forecourt Trader }}</ref>
In April 2022, The Wall Street Journal reported that Circle K parent Alimentation Couche-Tard was in talks to buy EG Group. This deal would significantly boost Circle K's presence in several markets including Europe, as well as giving it a location in every US state except Utah.<ref>{{cite web |date=29 April 2022 |title=Couche-Tard, EG Group in Merger Talks: Report |url=https://cspdailynews.com/mergers-acquisitions/couche-tard-eg-group-merger-talks-report |url-status=live |archive-url=https://web.archive.org/web/20230121182657/https://www.cspdailynews.com/mergers-acquisitions/couche-tard-eg-group-merger-talks-report |archive-date=21 January 2023 |access-date=7 May 2022 |website=CSP Daily News}}</ref>
In May 2022, EG Group attempted to rescue the British convenience store chain McColl's from administration, but lost out to Morrisons.<ref>{{cite news |last1=Gill |first1=Oliver |last2=Warrington |first2=James |date=9 May 2022 |title=Morrisons beats Issa brothers in battle to rescue McColl's |url=https://www.telegraph.co.uk/business/2022/05/09/morrisons-outbids-issa-brothers-battle-rescue-mccolls/ |access-date=10 September 2022 |work=The Telegraph |issn=0307-1235}}</ref><ref>{{cite web |last=Nazir |first=Sahar |date=9 May 2022 |title=Morrisons buys McColl's, beating Asda owner EG Group |url=https://www.retailgazette.co.uk/blog/2022/05/morrisons-buys-mccolls-beating-asda-owner-eg-group/ |access-date=30 September 2024 }}</ref>
Later in the same month, the group bought 285 petrol stations in Southern Germany from OMV, which were partly supplied by refinery Burghausen. The price was 485 million Euro cash which equals 614 million Euro including pending lease obligations.<ref>{{cite web |title=Verkauf des OMV Tankstellengeschäfts in Deutschland an EG Group abgeschlossen |url=https://www.omv.de/de-de/news/220503-verkauf-des-omv-tankstellengeschaefts-in-deutschland-an-eg-group-abgeschlossen |access-date=1 March 2023 |website=www.omv.de |language=de}}</ref>
=== Restructure plan (2023–present) === [[File:TurkeyHillCF.jpg|thumb|upright|A Turkey Hill Minit Markets location in Columbus, Ohio offering Cumberland Farms branded coffee in 2021]]
In March 2023, EG sold and leased back 415 of its American convenience stores to Realty Income for $1.5 billion (£1.18 billion) to help to drive down its debts.<ref>{{cite news|url=https://www.creherald.com/eg-group-sells-convenience-store-portfolio-in-us-for-1-5bn/|title=EG Group sells convenience store portfolio in US for $1.5bn|newspaper=CRE Herald|date=6 March 2023|access-date=8 April 2024}}</ref>
In May 2023, it was announced that EG Group would spin off the majority of the UK business to Asda: it would include the majority of the petrol stations, which would be rebranded under the Asda Express sub-brand, Greggs, Subway and Burger King franchises and the Leon Restaurants chain.<ref>{{cite news |date=30 May 2023 |title=UK's Asda to buy EG petrol stations unit in $2.9-bln deal |url=https://www.reuters.com/markets/deals/uk-supermarket-asda-buy-eg-group-2023-05-30/ |newspaper=Reuters}}</ref> The deal was finalised on 31 October 2023.<ref name="issa">{{cite web|title=Issa Brothers and TDR Capital Complete the Acquisition of Asda from Walmart|url=https://corporate.walmart.com/newsroom/2021/02/16/issa-brothers-and-tdr-capital-complete-the-acquisition-of-asda-from-walmart|url-status=live|access-date=6 April 2021|website=corporate.walmart.com|archive-url=https://web.archive.org/web/20210216224431/https://corporate.walmart.com/newsroom/2021/02/16/issa-brothers-and-tdr-capital-complete-the-acquisition-of-asda-from-walmart |archive-date=16 February 2021 }}</ref><ref>{{cite web |last=Hunt |first=Simon |date=31 October 2023 |title=Issa brothers complete EG Group UK sale to Asda at a discount |url=https://www.standard.co.uk/business/eg-group-asda-merger-debt-issa-brothers-b1117104.html |access-date=31 October 2023 |website=Evening Standard }}</ref>
On 6 December 2023, EG Group announced that they would sell their 218 KFC UK and Ireland restaurants to KFC owner Yum! Brands for an undisclosed sum, meaning EG Group will leave the Irish market.<ref>{{cite web |last=Wright |first=Georgia |date=6 December 2023 |title=EG Group to sell all 218 KFC UK&I franchise restaurants to reduce debt – Retail Gazette |url=https://www.retailgazette.co.uk/blog/2023/12/eg-group-kfc-franchise/ |access-date=6 December 2023 |website=www.retailgazette.co.uk }}</ref> The sale was completed in April 2024.<ref>{{cite web |last=Wright |first=Georgia |date=6 September 2024 |title=EG Group delivers strong Q2 amid 'standout' USA and Europe performance – Retail Gazette |url=https://www.retailgazette.co.uk/blog/2024/09/eg-group-second-quarter/ |access-date=6 September 2024 }}</ref>
In March 2024, it emerged that Zuber Issa would acquire most of EG Group's remaining UK assets, and then operate them as EG On The Move (a separate company to EG Group).<ref>{{cite web |date=31 October 2023 |title=EG Group to retain Cooplands Bakery brand, KFC and Starbucks franchises following cut-price Asda sale – Prolific North |url=https://www.prolificnorth.co.uk/news/eg-group-to-retain-cooplands-bakery-brand-kfc-and-starbucks-franchises-following-cut-price-asda-sale/ |access-date=5 November 2023}}</ref> These assets were confirmed to include the rest of the UK petrol forecourts and the UK Cinnabon franchise, with EG Group left with its only UK assets being Cooplands, some Starbucks franchises, and Evpoint.<ref>{{cite web |title=EG Group in talks to sell some UK assets to co-founder Zuber Issa |url=https://www.ft.com/content/ea4f9e14-0fbe-4370-aa59-9270a3892ac6 |access-date=7 April 2024 |website=www.ft.com|date=6 March 2024 |last1=Louch |first1=Will |last2=Onita |first2=Laura }}</ref><ref>{{cite web |last=Wright |first=Georgia |date=20 May 2024 |title=Zuber Issa to acquire EG's UK arm as group returns to profit – Retail Gazette |url=https://www.retailgazette.co.uk/blog/2024/05/zuber-issa-eg-group-2/ |access-date=20 May 2024 }}</ref>
In December 2024, it was reported that Mohsin and Zuber were looking to float EG Group publicly at a valuation of £13 billion in the United States.<ref>{{cite web |last=Morgan |first=Aoife |date=30 December 2024 |title=Issa Brothers eye £13bn float for EG Group – Retail Gazette |url=https://www.retailgazette.co.uk/blog/2024/12/issa-brothers-eg-group-2/ |access-date=30 December 2024 }}</ref>
On August 10, 2025, Zuber told reporters that the option for EG Group to sell off its US business should be explored, in addition to the option of floating the entire company publicly. Zuber also expressed dissatisfaction in the private-equity model, and mentioned that he and Mohsin have learned a lot since they formed the business.<ref>{{Cite web |title=Zuber Issa calls for EG Group to sell $5bn-plus US forecourt business|url=https://www.ft.com/content/dd9fd0f9-7502-45f6-83ee-588989bacc0b |access-date=2025-08-12 |website=www.ft.com}}</ref>
On August 12, 2025, EG Group announced it would sell off its Italian division to a consortium to help repay its debts.<ref>{{Cite web |last=Jacobs |first=Bill |date=2025-08-12 |title=Issa brothers' EG Group agree sale of Italian business as they repay debts |url=https://www.lancs.live/news/lancashire-news/billionaire-issa-brothers-eg-group-32252510 |access-date=2025-08-12 |website=Lancs Live |language=en}}</ref> The company also announced it would sell off its Australian business to Ampol in August 2025, with the sale expected to be finalised in mid-2026.<ref>{{Cite web |title=EG Group agrees sale of its Australian business|url=https://www.eg.group/news/eg-group-agrees-sale-of-its-australian-business/|date=14 August 2025|access-date=15 August 2025 |publisher=EG Group}}</ref><ref>{{cite web|url=https://wcsecure.weblink.com.au/pdf/ALD/02978758.pdf|title=Ampol Executes Agreement to Acquire EG Australia|publisher=Ampol|date=14 August 2025|access-date=15 August 2025}}</ref>
On August 22, 2025, EG Group announced that they would be moving their headquarters from Blackburn to Charlotte, North Carolina and moving their UK offices to Bolton.<ref>{{Cite web |date=August 22, 2025 |author=Hannah Hammond |title=EG Group continues its push into the United States |url=https://cspdailynews.com/company-news/eg-group-continues-its-push-united-states |access-date=2025-08-22 |website=CSP Daily News |language=en}}</ref><ref>{{Cite web |title=EG heads across the Atlantic |url=https://www.lancashirebusinessview.co.uk/latest-news-and-features/eg-heads-across-the-atlantic |access-date=2026-03-16 |website=Lancashire Business View |language=en}}</ref> This was completed in 9 March 2026.<ref>{{Cite web |title=EG GROUP HOLDINGS LIMITED filing history - Find and update company information - GOV.UK |url=https://find-and-update.company-information.service.gov.uk/company/10440046/filing-history#:~:text=Table_title:%20Filter%20by%20category%20Table_content:%20header:%20%7C,29%20December%202025%20with%20no%20updates%20%7C |access-date=2026-03-16 |website=find-and-update.company-information.service.gov.uk |language=en}}</ref>
In October 2025, it was announced that EG Group had divested of Cooplands, making their only UK assets Starbucks franchises and EVPoint.<ref>{{Cite web |last=Riley |first=Dan |title=Cooplands back in Yorkshire hands after EG Group agrees sale to local investors |url=https://bakeryinfo.co.uk/finance/cooplands-back-in-yorkshire-hands-after-eg-group-agrees-sale-to-local-investors/710178.article |access-date=2025-10-04 |website=British Baker |language=en}}</ref> Also in October, EG Group in the UK were fined for underpaying 3,317 workers by £824,000 between 2015 and 2019. The group reported that the issue had been fully rectified and all staff had since been paid.<ref>{{Cite web |last=Griffiths |first=Hugo |title=EG Group fined for underpaying 3,317 workers £824k |url=https://forecourttrader.co.uk/news/eg-group-fined-for-underpaying-3317-workers-824k/710780.article |access-date=2025-10-21 |website=Forecourt Trader |language=en}}</ref>
In January 2026, chairman Lord Stuart Rose stepped down and was replaced by Roland Smith, chairman of American fast food chain Jack's.<ref>{{Cite web |last=Beevers |first=Angela |last2=angela-beevers |date=2026-01-20 |title=Stuart Rose steps down as chair of EG Group ahead of US IPO {{!}} Retail Bulletin |url=https://www.theretailbulletin.com/general-merchandise/stuart-rose-steps-down-as-chair-of-eg-group-ahead-of-us-ipo-20-01-2026/ |access-date=2026-03-16 |website=Retail Bulletin {{!}} Daily UK Retail News |language=en}}</ref>
In February 2026, it was confirmed that EG Group would sell its French operations, involving 260 forecourts, to EG On The Move.<ref>{{Cite web |last=Morrison |first=Juliet |title=EG On The Move to break into France with 260-site acquisition from EG Group |url=https://forecourttrader.co.uk/latest-news/eg-on-the-move-to-break-into-france-with-260-site-acquisition-from-eg-group/715765.article |access-date=2026-02-25 |website=Forecourt Trader |language=en}}</ref>
== See also ==
* EG On The Move * Motor Fuel Group * Park Garage Group * Rontec
==References== {{reflist}}
{{EG Group}} {{UK Motorway Service Stations}} {{Supermarkets in Australia}}
{{DEFAULTSORT:Euro Garages}} Category:2001 establishments in England Category:British companies established in 2001 Category:Companies based in Blackburn Category:Filling stations in the United Kingdom Category:Filling stations Category:Multinational companies headquartered in England Category:Retail companies established in 2001 Category:Retail companies of the United Kingdom