IT deal is “building block” for EG ambitions
Fast-growing Blackburn-headquartered international petrol forecourt operator EG Group has bought Preston-based IT solutions provider GB3.
No figure has been put on the deal, which it describes as an “important building block” in its bid to create one of the world’s leading independent forecourt retail convenience businesses.
It is the latest in a string of acquisitions made by EG Group which has seen it expand in Europe, the US and Australia.
EG Group has also revealed that GB3 founder and chief executive Graham Billsborough has been appointed as its chief information officer (CIO).
Mohsin Issa, co-chief executive of EG Group, said: “The GB3 transaction represents an important building block as we create one of the world’s leading independent forecourt retail convenience businesses.
“GB3 is well positioned to support our expansion into multiple markets. Graham’s technology leadership skills and strong delivery track record will allow EG Group to realise its vision to become a digital leader in the sector.
“We are also committed to continue expanding the GB3 customer base and look forward to seeing the business grow.”
GB3 is well positioned to support our expansion into multiple markets.
Graham Billsborough has a strong background in technology leadership roles and GB3 works with organisations including AstraZeneca across the UK, Europe and the US.
He said of the deal: “The combination aligns our expertise in technology management with their leadership in the forecourt retail convenience sector.
“On a personal level, I am excited to join the EG Group leadership team. The opportunity to lead EG Group’s technology solutions and expand on GB3’s success is a superb prospect.”
Founded in 2001 by the Issa family, EG Group has grown to become a leading global petrol forecourt retail convenience operator.
It has established partnerships with big-name brands such as Esso, BP, Shell, Carrefour, Louise Delhaize, SPAR, Starbucks, Burger King, KFC, Greggs and Subway.
And it currently employs more than 30,000 people across more than 5,000 sites in Europe, the USA and Australia.