EG Group sells off parts of foodservice business in £228m deal

EG Group US HQ

EG Group has agreed to sell its remaining UK forecourt business and certain standalone foodservice locations to co-founder Zuber Issa. EG will retain Cooplands and its Starbucks franchise business. Meanwhile TDR Capital has acquired Zuber’s shares in Asda, taking its ownership to 67.5%

 

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