Tag: EG Group

Casey’s agrees to acquire 63 convenience stores from EG Group

Casey’s General Stores, Inc. has announced an agreement to acquire 63 convenience stores from EG America, a subsidiary of EG Group Ltd. The stores are located in Kentucky and Tennessee, and currently operate...

EG Group snaps up organic fast food chain

International petrol forecourt and convenience retail operator EG Group has entered into a binding agreement to acquire Oliver’s Real Food (Oliver’s) for at approximately $27m. Established in 2003, Oliver’s claims to provide premium quality...

VMO partners with Euro Garages Group

VMO has announced a strategic partnership with global petroleum retailer and new entrant to the Australian petrol industry, Euro Garages Group. According to VMO, EG Group’s acquisition of the Woolworths Caltex fuel business...

Aussie petrol prices at highest level in four years

The annual average retail petrol price in 2018-19 was the highest in real terms in four years, according to the ACCC’s latest report on the Australian petroleum market for June quarter 2019. The report...

EG Group appoints former Caltex exec to run Woolworths Petrol

EG Group, the new owner of Woolworths’ fuel business, has appointed a former Caltex executive as CEO. According to the Australian Financial Review (AFR), Mike McMenamin will take over as CEO of EG...

ACCC accepts Coles fuel discount variation

The ACCC has accepted a variation to an undertaking provided by Coles in 2013 relating to its shopper docket fuel discount offers. According to the ACCC, the variation to the undertaking will allow...

Woolies completes petrol-business sale to EG Group

Woolworths has completed the sale of its petrol business to EG Group and will return the proceeds via a buyback. The buyback will be off market and return $1.7 billion to shareholders, Woolworths...

Woolworths Group to sell petrol business to EG Group

Woolworths Group has entered into a binding agreement to sell its 540 Woolworths-owned fuel-convenience sites to EG Group for $1.725 billion. EG Group describes itself as “the leading independent petrol forecourt retailer in...
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