A&O Shearman Advises EG Group on Sale of French Business to EG On The Move

"A&O Shearman advised EG Group on the divestment of its French operating business to Zuber Issa's EG On The Move. The deal forms part of EG Group's strategic exit from France, follows earlier asset sales, and is subject to employee consultations and regulatory approvals with completion expected in Q2 2026."

A&O Shearman advised EG Group in the divestment of its French operating business to Zuber Issa's EG On The Move. The transaction involves the sale of EG Group's French operating business as part of the Group's broader strategic exit from the French market. Founded in 2001, EG Group operates convenience retail, foodservice and fuel stations across eight countries and employs around 33,000 people at more than 4,300 sites. The divestment follows the December 2025 sale of the Group's Vitry fuel depot and agreements to sell certain sites, mainly in the Paris metropolitan area, to property developers for alternative use. The transactions are intended to help EG Group focus on core growth markets and strengthen its balance sheet, with net proceeds to be used to repay Group debt. The sale to EG On The Move is subject to consultations with employee representative bodies and customary regulatory conditions, with completion expected in the second quarter of 2026. A&O Shearman represented client(s) EG Group with a team composed by: George Knighton, Partner, London; Eimear Coady, Partner, London; Alexandre Ancel, Partner, Paris; Claire Toumieux, Partner, Paris.

Menu

A&O Shearman Advises EG Group on Sale of French Business to EG On The Move

Read the full story

Menu

A&O Shearman Advises EG Group on Sale of French Business to EG On The Move

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads