EG On The Move Acquires 85 Prax Forecourts

Zuber Issa Makes Major Comeback With Acquisition of 85 Prax Petrol Stations Across the UK

ZUBER ISSA has agreed to buy 85 forecourts from the collapsed Prax Group, taking his EG On The Move business to 285 sites as it continues to expand.Issa launched EG On The Move in 2023 after separating his business interests from his brother Mohsin Issa. The brothers built EG Group into one of Europe’s largest petrol station operators after buying a single garage in Bury, Greater Manchester, in 2001.They bought Asda in 2020 before Zuber Issa sol…

EG On The Move completes acquisition of 85 Prax forecourts

The company plans to introduce targeted investments across the newly acquired network. Read the full story at Retail Sector.

COMMENT: Behind the headlines of EG On The Move’s Prax acquisition

Today’s announcement of EG On The Move (EGOTM) becoming the UK’s second biggest independent forecourt operator with its acquisition of the 85 Prax company-owned sites is more significant for the industry than the headlines might suggest.

EG On The Move Acquires 85 Prax Forecourts

EG On The Move, the 200-strong forecourt chain run by former Asda co-owner Zuber Issa, has acquired 85 petrol forecourts across the UK that were previously owned by collapsed oil company Prax Group. The acquired business will continue to operate (more…) The post EG On The Move Acquires 85 Prax Forecourts appeared first on KamCity.