Blackburn forecourt owner splashes out £237m on latest US acquisition
Blackburn based EG Group has splashed out £237m on a chain of American convenience stores and petrol stations.
The Lancashire firm is one the fastest growing firms in the North West and the company’s founders are now amongst the richest businessmen in the UK.
The latest deal has seen EG Group acquire 225 Minit Mart branded convenience retail stores and gas stations and some other related assets Minit Mart from TravelCenters of America.
The purchase price for the acquisition, before working capital adjustments, is $305m wit... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...