Lancashire-based EG On The Move on brink of huge international deal - here's what we know
Blackburn headquartered EG On The Move (EG OTM) has announced it is on the brink of a huge international expansion.
The petrol forecourt and convenience retail company, which was co-founded by Zuber Issa, has announced that it has reached an agreement by entering a put option to acquire 260 sites in France from EG Group.
EG Group was also founded in Blackburn by Zuber Issa and his brotherMohsin, but they have both resigned as directors, and it operates as a separate company to EG OTM.
Completion
This acquisition will be submitted to the relevant employees’ representative bodies, in accordance with French law and is subject to customary regulatory approvals, with completion anticipated in the second financial quater of 2026.
The decision reflects EG OTM’s continued commitment to securing forecourt assets and long-term strategic investment interest in the mobility sector. Late last year, SpudBros teamed up with EG OTM and announced plans to spread their potato dynasty nationwide, with sites at forecourts across the country.
“Significant experience and insight”
“The agreement represents a proactive and disciplined step in EG On The Move to be able to consider securing additional network assets and strengthening our market position,” said Zuber Issa. “Our senior executive team managed and operated within the French market from 2016 until November 2024, giving us significant experience and insight. We remain committed to operating with transparency and discipline, and engaging constructively with works councils and colleagues.”
Mr Issa added: “EG On The Move continues to grow at a strong pace. We currently own and operate more than 420 trading units, comprising 160 petrol forecourt sites and over 210 foodservice concessions across the United Kingdom. In addition to this network investment, we have also installed rapid EV chargers at more than 50 locations, delivering approximately 310 charging ports for customers to date.
“The proposed acquisition of the French network from EG Group will further diversify our portfolio, allow us to invest in our recognised retail channels and create additional opportunities to roll out rapid EV charging infrastructure.”
The signed agreement includes a structured transition plan to ensure continuity and full compliance with French energy sector regulations. EG On The Move will work closely with EG Group and relevant stakeholders, advisers, and authorities to support a smooth transition and successful completion of the transaction.
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