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EG Group to create 32,000 UK jobs by 2026

EG Group, the petrol station and food retail business owned by the Issa brothers and private equity group TDR Capital, plans to create over 32,000 jobs… View Article

FOOD & DRINK

EG Group to create 32,000 UK jobs by 2026

EG Group, the petrol station and food retail business owned by the Issa brothers and private equity group TDR Capital, plans to create over 32,000 jobs globally over five years.

The group plans to add about 22,700 jobs in the United Kingdom between January 2022 and December 2026 and about 9,700 in its nine other markets – the United States, Ireland, France, Italy, Germany, Belgium, the Netherlands, Luxembourg and Australia.

In the UK, many of the jobs will come from rolling out its bakery chain Cooplands and its fast food brand LEON across EG’s petrol forecourt network, and from opening more EG foodservice concessions at Asda supermarket stores. The brothers and TDR also own Asda.

EG plans to open 30 Cooplands outlets a year and at least 50 LEON outlets a year through 2026

It said new jobs will also come from accelerating openings at existing third-party brand partners, notably Starbucks and KFC, including drive-thrus on the group’s UK forecourts and in Asda carparks.

The Issa brothers said: “We are proud to be a business founded in Britain that invests in job creation worldwide, while focusing heavily on the training and development of colleagues.

“EG has a strong track record of providing colleagues with long-term opportunities to progress their career at all levels ‒ and we are passionate about continuing this.”

The group, chaired by Stuart Rose, the former boss of Marks & Spencer, has previously been linked with a possible initial public offering (IPO) or a trade sale.

It currently operates from over 6,300 sites, employing more than 50,000.

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