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EG Group
EG Group Limited is a British operator of filling stations, convenience stores and fast-food service providers across Europe, the United States and Australia. It was founded as a single site in Bury in 2001 by brothers Mohsin and Zuber Issa, initially as Euro Garages.
The group expanded across the United Kingdom by acquiring forecourts from oil majors who were divesting from retail to focus on their core-refining business. In October 2015, private equity firm TDR Capital purchased a minority stake in Euro Garages for £1.3 billion. In October 2016, TDR's European Forecourt Retail Group (EFR) merged with Euro Garages to form Intervias Group, which would later be renamed to EG Group.
The group's acquisitions have been largely funded by debt, with a net debt of nearly £8 billion in March 2023. Since early 2023, the group has sold the land of its U.S. forecourts in a sale-and-leaseback deal, as well as divested most of its UK assets to Asda Express, Zuber Issa (as EG On the Move) and Yum! Brands in an effort to reduce this debt. In August 2025, the group confirmed sales of its Italian and Australian divisions, and has also speculated that it is likely to either divest of its United States business, or reincorporate and float EG Group on the U.S. stock market as Cumberland Farms Group.
There are plans for the business to relocate its global headquarters from Blackburn to Charlotte, North Carolina. In the interim, the business remains headquartered at Euro House in Blackburn.
In March 2001, brothers Mohsin and Zuber Issa purchased a BP forecourt in Bury, Greater Manchester for £150,000. Later in the same year, the brothers would acquire additional forecourts.
In October 2006, the group began rolling out Subway concessions at its forecourts.
By July 2007, the group had formed partnerships with Shell and Texaco, as well as Spar and Costcutter for grocery and merchandising.
By February 2009, Euro Garages had 73 forecourts across North England and the Midlands.
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EG Group
EG Group Limited is a British operator of filling stations, convenience stores and fast-food service providers across Europe, the United States and Australia. It was founded as a single site in Bury in 2001 by brothers Mohsin and Zuber Issa, initially as Euro Garages.
The group expanded across the United Kingdom by acquiring forecourts from oil majors who were divesting from retail to focus on their core-refining business. In October 2015, private equity firm TDR Capital purchased a minority stake in Euro Garages for £1.3 billion. In October 2016, TDR's European Forecourt Retail Group (EFR) merged with Euro Garages to form Intervias Group, which would later be renamed to EG Group.
The group's acquisitions have been largely funded by debt, with a net debt of nearly £8 billion in March 2023. Since early 2023, the group has sold the land of its U.S. forecourts in a sale-and-leaseback deal, as well as divested most of its UK assets to Asda Express, Zuber Issa (as EG On the Move) and Yum! Brands in an effort to reduce this debt. In August 2025, the group confirmed sales of its Italian and Australian divisions, and has also speculated that it is likely to either divest of its United States business, or reincorporate and float EG Group on the U.S. stock market as Cumberland Farms Group.
There are plans for the business to relocate its global headquarters from Blackburn to Charlotte, North Carolina. In the interim, the business remains headquartered at Euro House in Blackburn.
In March 2001, brothers Mohsin and Zuber Issa purchased a BP forecourt in Bury, Greater Manchester for £150,000. Later in the same year, the brothers would acquire additional forecourts.
In October 2006, the group began rolling out Subway concessions at its forecourts.
By July 2007, the group had formed partnerships with Shell and Texaco, as well as Spar and Costcutter for grocery and merchandising.
By February 2009, Euro Garages had 73 forecourts across North England and the Midlands.