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词条 EG Group
释义

  1. Overview

  2. History

  3. Major acquisitions

  4. Group executive team

  5. References

{{Infobox company
| name = EG Group
| logo =
| logo_size =
| type = Private
| genre =
| fate =
| predecessor =
| successor =
| foundation = 2001
| founder = Zuber Issa
Mohsin Issa
| defunct =
| location_city = Blackburn
| location_country = United Kingdom
| location =
| area_served = United Kingdom, Germany, France, Belgium, Netherlands, Luxembourg, Italy, United States of America, Australia
| key_people = Zuber Issa (co CEO)
Mohsin Issa (co CEO)
Michael Hughes (CFO)
Imraan Patel (Group General Counsel)
| industry =
| products =
| production =
| services =
| revenue =
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner = TDR Capital & Issa brothers
| num_employees = 30,000 (2018)
| parent = EG Group Limited
| divisions = EG Shared Services, EG Fuel, EG Business, EG Retail
| subsid =
| homepage = eurogarages.com
| footnotes =
| intl =
}}

EG Group is a British retailer based in Blackburn which operates petrol stations in Europe and the United States, and has announced its market entry into Australia. The group was created through the combination of Euro Garages and EFR Group in November 2016.

Overview

EG Group sells Esso, BP, Shell and Texaco branded fuel, and operates third party retail brands in its back-court operations, such as KFC, Spar, Carrefour and Louis Delhaize, Starbucks, Greggs, Burger King and Subway.

History

Euro Garages was co founded by brothers Mohsin Issa and Zuber Issa of Indian Gujarati descent in 2001, who expanded the business from a single site in Bury, Greater Manchester.[1] In October 2015, the private equity firm TDR Capital acquired a stake in the company.[2] In October 2016, Euro Garages acquired the Dutch headquartered EFR Group from TDR Capital to form Intervias Group, later renamed EG Group.

EFR was founded in 2007, and was the European energy retail and marketing arm of Delek Group, before being acquired by TDR Capital in August 2014. As a consequence of these transactions, TDR Capital now own 50% of the enlarged group, with Zuber Issa owning 25% and Mohsin Issa the remaining 25%.

The combination of EG and EFR sought to create a scaled and diversified pan European platform that shares best practices and economizes on common shared services, led by EG’s highly respected group executive team. The business is headquartered in Blackburn, United Kingdom[3] and has announced plans to construct a new global headquarters building, also in Blackburn.[4] It remains one of the largest privately owned businesses in the United Kingdom.[5]

Major acquisitions

In November 2017, the business secured approximately 1,000 forecourt assets from Esso in Germany, which were transferred and integrated into the existing EG network in October 2018.[7] On 5 February 2018, EG Group announced that it will purchase nearly 800 Kroger convenience stores for $2.15 billion.[8] Later that month, EG Group announced that it had completed the acquisition of circa 1,200 sites in Italy from Esso.[9]

In April 2018, EG Group completed the acquisition of a portfolio of 97 sites in the Netherlands to supplement is existing network in the country.[10] Since the end of 2018, EG Group owns and operates c.4,600 sites across Europe and the United States, generating pro forma revenues of more than US$18.5 billion.

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 AUD $1.72b,[11] and in December 2018, EG completed its acquisition of 225 Minit Mart sites from Travel Centers of America LLC for upwards of US$330m.[12]

Group executive team

Zuber Issa and Mohsin Issa are Co CEOs.[3]

Michael Hughes is the Group CFO.[13]

Imraan Patel is the Group General Counsel and Company Secretary.[14]

Ilyas Munshi is the Commercial Director.[15]

Individuals within the group executive team have received many accolades, including EY Entrepreneurs of the Year 2018 for Mohsin Issa and Zuber Issa[16]. The Issa brothers have been named in numerous rich lists.[17]

Imraan Patel is listed in the "Hot 100 2019" list by The Lawyer publication which celebrates the best and most innovative and creative lawyers [18] and was highly commended in the category of General Counsel of the Year at The British Legal Awards 2017.

Michael Hughes won the Finance Director of the Year award in 2018.[19]

References

1. ^{{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}}
2. ^{{cite news|last1=Begum|first1=Shelina|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|accessdate=7 May 2017|work=Manchester Evening News|date=20 October 2015}}
3. ^{{cite news|last1=Bounds|first1=Andrew|title=Convenience shopping boosts Euro Garages|url=https://www.ft.com/content/56abe3d4-a014-11e4-aa89-00144feab7de|accessdate=7 May 2017|work=Financial Times|date=20 January 2015}}
4. ^{{Cite web|url=https://forecourttrader.co.uk/news/fullstory.php/aid/14288/Euro_Garages_wins_approval_for_new_HQ.html|title=Euro Garages wins approval for new HQ - Forecourt Trader|website=forecourttrader.co.uk|access-date=2018-04-11}}
5. ^{{Cite news|url=https://www.lancashirebusinessview.co.uk/euro-garages-ranks-uks-sixth-biggest-private-company-92776/|title=Euro Garages ranks as UK's sixth biggest private company - Lancashire Business View|date=2017-06-30|work=Lancashire Business View|access-date=2018-05-11|language=en-GB}}
6. ^{{cite news |last=Truchot |first=Jeff |date=2018-03-29 |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 |location= |access-date=2018-11-02 }}
7. ^{{Cite news|url=http://www.eurogarages.com/exxonmobil-and-eg-group-enter-into-new-partnership-for-german-esso-stations/|title=ExxonMobil and EG Group Enter into New Partnership for German Esso Stations|date=2017-11-29|work=EG Group|access-date=2018-04-11|language=en-US}}
8. ^{{Cite news|url=https://www.cnbc.com/2018/02/05/kroger-to-sell-its-convenience-stores-to-uks-eg-group-for-2-point-15-billion.html|title=Kroger to sell its convenience stores to UK's EG Group for $2.15 billion|last=CNBC|date=2018-02-05|work=CNBC|access-date=2018-02-07}}
9. ^{{Cite web|url=https://forecourttrader.co.uk/news/fullstory.php/aid/14632/EG_Group_completes_on_1,200_Esso_sites_in_Italy.html|title=EG Group completes on 1,200 Esso sites in Italy - Forecourt Trader|website=forecourttrader.co.uk|access-date=2018-04-11}}
10. ^{{Cite news|url=https://www.nrgvalue.com/nieuws/|title=Nieuws {{!}} NRGValue|work=NRGValue|access-date=2018-05-11|language=nl-NL}}
11. ^{{cite news |last1=Hatch |first1=Patrick |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 |accessdate=9 November 2018 |agency=The Sydney Morning Herald |publisher=Fairfax Media |date=9 November 2018}}
12. ^{{Cite web|url=https://www.cspdailynews.com/mergers-acquisitions/travelcenters-america-completes-minit-mart-sale|title=TravelCenters of America Completes Minit Mart Sale|last=Dec. 07|first=Greg Lindenberg on|last2=2018|website=CSP Daily News|language=en|access-date=2019-02-04}}
13. ^{{Cite web|url=https://forecourttrader.co.uk/news/archivestory.php/aid/12057/EG_recruits_two_senior_executives.html|title=EG recruits two senior executives - Forecourt Trader|website=forecourttrader.co.uk|access-date=2018-04-11}}
14. ^{{Cite web|url=http://www.eurogarages.net/news/euro-garages-appoints-group-general-counsel/|title=Euro Garages appoints Group General Counsel {{!}} Euro Garages News|website=www.eurogarages.net|access-date=2018-04-11}}
15. ^{{Cite web|url=http://www.lancashiretelegraph.co.uk/news/14920217.Blackburn_company_joins_forces_with_one_of_Europe___s_biggest_petrol_station_groups/|title=Blackburn company joins forces with one of Europe’s biggest petrol station groups|website=Lancashire Telegraph|language=en|access-date=2018-05-11}}
16. ^{{Cite news|url=https://www.insidermedia.com/insider/northwest/eg-group-ceos-triumph-at-ey-entrepreneur-of-the-year-awards|title=EG Group CEOs triumph at EY Entrepreneur of the Year Awards|last=|first=|date=|work=Convenience Store News|access-date=2019-02-04|language=en}}
17. ^{{Cite web|url=http://www.lancashiretelegraph.co.uk/news/16122099.Euro_Garages_brothers____1_3bn_fortune_puts_them_in_UK_Asian_rich_list_top_10/|title=Euro Garages brothers' £1.3bn fortune puts them in UK Asian rich list top 10|website=Lancashire Telegraph|language=en|access-date=2018-05-11}}
18. ^{{Cite web|url=https://www.thelawyer.com/hot-100-imraan-patel-eg-group/|title=The Lawyer Hot 100 2019|last=|first=|date=|website=The Lawyer|language=en|archive-url=|archive-date=|dead-url=|access-date=2019-02-04}}
19. ^{{Cite web|url=https://www.manchestereveningnews.co.uk/business/business-news/winners-finance-awards-north-west-15268868|title=Winners of the Finance Awards North West revealed|last=Greer|first=Stuart|date=2018-10-11|website=men|access-date=2019-02-04}}
{{UK Motorway Service Stations}}{{DEFAULTSORT:Euro Garages}}{{England-stub}}

4 : Companies established in 1995|1995 establishments in England|Companies based in Blackburn|Filling stations

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