EG on the Move completes acquisition of 260 new sites in France

Blackburn-based EG On The Move has announced it has completed the acquisition of 260 sites in France from the EG Group.

Announcing the deal completion, the firm said: "The completion of the transaction marks a significant milestone in EG On The Move’s strategic growth plans and further strengthens the company’s presence in a key European market.

"The acquired network provides a strong platform to accelerate investment, enhance operational performance and expand customer-focused retail and mobility for customers across France."

Lancashire Business View initially reported the deal in February.

Commenting on the completion, Zuber Issa, chief executive officer of EG On The Move, said: "We are delighted to complete the acquisition of these 260 sites. This is an important step in the continued growth of EG On The Move and reflects our confidence in the strength and long term potential of the French market.

"France represents a significant opportunity for EG On The Move, and we are committed to investing in the acquired network to enhance the customer offer and experience, support our colleagues and drive long-term sustainable growth.

"We look forward to working closely with our French team, whose expertise and dedication will be central to our success, and to supporting them in delivering positive outcomes for our customers, employees, partners and local communities.

"I would like to warmly welcome our new colleagues to EG On The Move, and I am excited about the opportunities we will create together as we build on the strong foundations already established across the network."

EG On The Move says it will now focus on ensuring a smooth integration process while continuing to support day-to-day operations across the acquired French sites, maintaining its commitment to customers, colleagues and business partners throughout the transition period.

EG On The Move's national UK network currently has 285 locations, having recently announced the acquisition of 85 Prax petrol forecourts across the UK for an undisclosed sum, on top of 27 sites from independent petrol forecourt operator MPK Garages in May.