";s:4:"text";s:55341:"Please enter the start and end addresses + add stops . In July, Caltex announced a 15-year deal to supply Woolworths Service Stations. Woolworths Group Limited (Woolworths) today announced that it has entered into a binding agreement to sell its 540 Woolworths-owned fuel convenience sites to EG Group for A$1.725 billion. Suburb / City. As part of the transaction, Woolworths Group and EG Group have entered into a 15 year commercial alliance covering fuel discount redemption, loyalty and wholesale product supply. The Woolworths’ assets present a fantastic opportunity to further grow our international footprint and deliver our best-in-class retail experience in a new geography. “We are committed to investing in the site network, introducing leading retail brands, developing the alliance with Woolworths and working with the exceptional management team.”. Woolworths offloads petrol business to EG Group for $1.7b newstrendwebwebnewstrend Uncategorized November 9, 2018 2 Minutes After a two-year process, grocery giant Woolworths Group has finally penned a $1.7 billion deal to offload its 540 fuel convenience sites to UK-based EG Group. EG Group is No. Key features of the alliance include: Woolworths’ popular four cent per litre … Allen & Overy LLP are M&A and Corporate legal advisors, and Kirkland & Ellis LLP are Banking and Finance legal advisors. The EG Fuel Card provides business users with a saving of 6¢ per litre for the first six months. EG Group appoints former Caltex exec to run Woolworths Petrol. OR. The new owner of Woolworths’ $1.7 billion fuel business has moved quickly to put its own stamp on the operation, appointing a former Caltex executive as CEO. This deal will strengthen Caltex’s position as the leading provider of transport fuel in Australia and enables continued growth in regional areas. EG Group is a global leader in fuel and convenience retailing, operating circa 4,700 sites across Europe and North America, employing over 28,500 colleagues across leading retail brands such as ESSO, BP, Shell, Carrefour, Louis Delhaize, SPAR, Starbucks, Burger King, KFC, Greggs, Pomme de Pain, Subway, Turkey Hill, Loaf ‘N Jug and Kwik Shop. EG Group taps former Caltex executive to run Woolworths Petrol. In September 2018, EG Group announced further expansion across the US through the acquisition of a portfolio comprising 225 Minit Mart branded convenience retail stores and petrol stations, which will be transferred and integrated into the existing network in December. 2018 - EG Group announces it will buy 800 Kroger convenience stores in he US before buying 1,200 sites in Italy from Esso. “The agreement will continue to strengthen the opportunities our customers have for greater value when shopping with us, with the benefits of the Woolworths Rewards program and the fuel discount offer set to continue. Shop & retail for sale at Woolworths Petrol/EG Group, 123-125 Condon Street, Bendigo, VIC 3550. posted 2018-Nov-10, 12:00 pm AEST. EG GroupMedia: Martin Currie, CitypressT: +44 (0)161 235 0310E: martin.currie@citypress.co.uk, Investors: Michael Hughes, EG GroupM: +44 (0)1254 582111E: michael.hughes@eurogarages.com, Woolworths GroupFounded in 1924, Woolworths Group is Australia’s largest retailer with more than 3,500 stores Australia and New Zealand employing more than 200,000 people. The agreement will see Australia’s largest retailer sell its 540 fuel station sites to EG Group for A$1.73bn (€1.1bn). petrol station jobs. All Rights Reserved. EG Group will take control over Woolworth Group’s 540 site network, which employs around 4,000 people. www.woolworthsgroup.com.au, Woolworths Contacts:Investors and AnalystsPaul van MeursHead of Investor Relations+61 407 521 651MediaWoolworths Press Officemedia@woolworths.com.au+ 61 2 8885 1033, EG Group Announce Binding Agreement for the Purchase of Woolworths’ Petrol Business in Australia. This is another exciting international milestone on our growth journey. All third party trademarks are the property of their respective owners. The business is regularly recognized for innovation and investment in convenience retail assets, the employees and the systems. About EG GroupFounded in 2001 by brothers Zuber and Mohsin Issa, United Kingdom based EG Group is a leading petrol forecourt retail convenience operator who has established partnerships with global brands such as ESSO, BP, Shell, Carrefour, Louise Delhaize, SPAR, Starbucks, Burger King, KFC, Greggs and Subway. Woolworths manages some of Australia and New Zealand’s most recognised and trusted brands including Woolworths, Countdown, Dan Murphy’s, BWS, Langtons, Cellarmasters, BIG W and ALH. Woolworths Petrol operates a nationwide network of sites and employs circa 4,000 people. Woolworths Petrol Acquired by Euro Garage Continuing a strong relationship in wholesale fuel supply. We are the leading independent petrol forecourt retailer in Europe and are having great success in the US. FIND OUT MORE. Completion is expected to occur in early 2019. Woolworths Group Limited has announced that it has entered into a binding agreement to sell its 540 Woolworths-owned fuel convenience sites to EG Group for A$1.725 billion. https://www.afr.com/business /retail/woolworths-offloads- petrol-business-to-eg-group- for-17b … 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. “We are the leading independent petrol forecourt retailer in Europe and are having great success in the US. Woolworths have sold Woolworths Petrol to UK based EG Group for $1.7bil. Save with EG Fuel Card. The transaction is subject to Australian Foreign Investment Board (FIRB) approval. EG Group is a global leader in fuel and convenience retailing, operating c.4,700 sites across Europe and North America and employing over 28,000 people. With the inclusion of the Woolworths assets, EG Group will own and operate circa 5,250 sites across Europe, the US and Australia. Australia's Woolworths Group Ltd on Friday said it will sell its petrol business to British petrol retailer EG Group for A$1.73 billion ($1.25 billion). We are committed to investing in the site network, introducing leading retail brands, developing the alliance with Woolworths and working with the exceptional management team.”. Followingcompletion of the transaction, Mohsin Issa, Founder and Co-CEO expressed, ‘Weare pleased to have turned the page on this exciting new chapter for the EGGroup. The undertaking required these discounts to be funded only through Woolworths’ petrol division. As part of the transaction, Woolworths Group and EG Group have entered into a 15 year commercial alliance covering fuel discount redemption, loyalty and wholesale product supply. Key Benefits: You’ll save 6¢ on every litre for the first six months with your EG Fuel Card. 2018 - EG Group announces it will buy 800 Kroger convenience stores in he US before buying 1,200 sites in Italy from Esso. Woolworths Group has entered into a binding agreement to sell its 540 Woolworths-owned fuel-convenience sites to EG Group for $1.725 billion. The deal comes months after Australia's largest supermarket operator canceled a A$1.8 billion sale of its petrol stations to British oil giant BP Plc (BP.L) after it was blocked by Australia's antitrust regulator. This is another exciting international milestone on our growth journey. The transaction is subject to Foreign Investment Review Board approval. “A long-term wholesale food supply arrangement will also ensure that EG Group can benefit from competitive product sourcing, including Woolworths’ own brands, to provide a world class convenience offer that will add further scale to Woolworths.”. EG Group, the new owner of Woolworths’ fuel business, has appointed a former Caltex executive as CEO. Media: Woolworths Group Press Office: +61 2 8885 1033 media@woolworths.com.au Woolworths Group Limited (Woolworths) today announced that it has entered into a binding agreement to sell its 540 Woolworths-owned fuel convenience sites to EG Group for A$1.725 billion. “A long-term wholesale food supply arrangement will also ensure that EG Group can benefit from competitive product sourcing, including Woolworths’ own brands, to provide a world class convenience offer that will add further scale to Woolworths FoodCo.”. EGGroup today announces the successful completion of the purchase of Woolworth’sPetrol business in Australia. Key features of the alliance include:• Woolworths’ popular four cent per litre fuel discount will continue across the network;• Customers will continue to earn Woolworths’ Rewards points on fuel and merchandise purchases across the network; and• Woolworths Group will commence a new wholesale food supply agreement to the network, providing an extensive product range and competitive pricing. 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Scan your Everyday Rewards card to redeem. The EG Group continues to expand its global reach, this time announcing a deal with the Woolworths Group in Australia. 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Retail World Editor. BLACKBURN, 9th November 2018 – EG Group announces petrol forecourt convenience expansion plans in Australia by entering into a binding agreement with Woolworths Group Ltd (ASX: WOW) for the sale of its 540 site network (“Woolworths Petrol”) for A$1.725 billion. Following completion of the transaction, Mohsin Issa, Founder and Co-CEO expressed, ‘We are pleased to have turned the page on this exciting new chapter for the EG Group. State . EG Group is a global leader in fuel and convenience retailing, operating c.4,700 fuel service stations across Europe and North America and employing over 28,000 people. *4¢ fuel discount awarded when you spend $30 or more at Woolworths supermarkets. The decision of Woolworths Group Limited (ASX: WOW) to sell petrol business and get into a commercial alliance with EG Group was first announced in November 2018.As per that announcement, Woolworths has executed a binding agreement to sell its 540 fuel convenience sites to British retailer, EG Group, for a consideration of A$1.725 billion. The business has an established pedigree of delivering a world class fuel, convenience and food-to-go offer. EG Group describes itself as “the leading independent petrol forecourt retailer in Europe” which is also “having great success in the US”. (Reuters) - Australia's Woolworths Group Ltd WOW.AX on Friday said it will sell its petrol business to British petrol retailer EG Group for A$1.73 billion ($1.25 billion). EG Group is a British retailer based in Blackburn which operates petrol stations and fast food outlets in Europe, the United States and Australia. Key features of the alliance include: All existing Woolworths Petrol management and operations teams will transfer to EG Group following completion of the sale. Woolworths has sold its 540 petrol stations for $1.72 billion to a British buyer, EG Group, which operates about 4700 sites in eight countries. “The agreement will continue to strengthen the opportunities our customers have for greater value when shopping with us, with the benefits of the Woolworths’ Rewards program and the fuel discount offer set to continue. EG Group today announces the successful completion of the purchase of Woolworth’s Petrol business in Australia. The Woolworths’ assets present a fantastic opportunity to further grow our international footprint and deliver our best-in-class retail experience in a new geography. BLACKBURN, 9th November 2018 – EG Group announces petrol forecourt convenience expansion plans in Australia by entering into a binding agreement with Woolworths Group Ltd (ASX: WOW) for the sale of its 540 site network (“Woolworths Petrol”) for A$1.725 billion.. Woolworths Petrol operates a nationwide network of sites and employs circa 4,000 people. for the first 6 months with your EG Fuel Card. According to the Australian Financial Review (AFR), Mike McMenamin will take over as CEO of EG Australia. Forecourt giant EG group, previously Euro Garages, is to expand into Australia after agreeing to buy the Woolworths Petrol chain in an A$1.7bn deal. May 3, 2019. Brad Banducci, Woolworths Group CEO said, “This transaction is a positive for our customers, our team and our shareholders. Following completion of the transaction, Woolworths Group will consider a range of options for the use of proceeds, including capital management initiatives. As part of the transaction, EG Group also received fully committed financing from a bank group led by Barclays. Australia's Woolworths Group Ltd (WOW.AX) on Friday said it will sell its petrol business to British petrol retailer EG Group for A$1.73 billion ($1.25 billion). November 12, 2018. After a two year process, grocery giant Woolworths Group has finally penned a $1.7 billion deal to offload its 540 fuel convenience sites to UK-based EG Group. Citigroup is acting as lead financial advisor and Barclays as joint financial advisor to EG Group. EG Group Announce Binding Agreement for the Purchase of Woolworths’ Petrol Business in Australia Author: Laura BLACKBURN, 9th November 2018 – EG Group announces petrol forecourt convenience expansion plans in Australia by entering into a binding agreement with Woolworths Group Ltd (ASX: WOW) for the sale of its 540 site network (“Woolworths Petrol”) for A$1.725 billion. As part of the transaction, EG Group and Woolworths have entered into … Zuber Issa and Mohsin Issa, Founders and co-CEOs of Euro Garages, were jointly named the 2018 EY Entrepreneur of the Year in the UK.Further information at www.eurogarages.com. O.P. Woolworths Petrol operates a nationwide network of sites and employs circa 4,000 people. 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Apple Pay to its credit card customers, Woolworths Group invests A$30 million into strategic partnership with leading subscription-based meal kit provider Marley Spoon, Woolworths reaches major milestone in fight against food waste, New barcode trial promises to cut product recall food waste and improve traceability, Woolworths awarded Gold for second year running in LGBTI Awards, Woolworths Group successfully completes A$1.7 billion off-market Buy-Back, Woolworths to roll out defibrillators across all stores nationally to treat sudden cardiac arrest, Woolworths launches free supplier app to improve product availability and merchandising, Australian dairy farmers have now received an extra $10m from Woolworths sustainable dairy initiatives, Woolworths Group first globally to issue Certified Green Bonds for a supermarket, Delivery Now service offers Brisbane shoppers grocery delivery in under two hours, More than 500 Aussie schools to share in half a million dollars to help grow the next generation of environmental champions, Woolworths Fairfield Central rebuilds after Townsville floods, Woolworths Group launches stand-alone media business, Woolworths partners with Share the Dignity in fight to end period poverty, Jamie Oliver and Woolworths make healthier eating easier for Aussies, Woolworths and Disney partner to create magical world of words, Woolworths starts work on $57 million expansion, solar installation at Adelaide Regional Distribution Centre, Woolworths to transition out of $1 per litre fresh milk in support of a more sustainable Australian dairy industry, Woolworths celebrates 60 years of iconic Aussie TV show Mr Squiggle, Woolworths Group signs up to BCA Supplier Payment Code, Woolworths reaffirms commitment to Townsville with $20m investment in local store network and distribution centre, Aussies can make a difference for food insecure families heading back to school, Woolworths continues to deliver drought relief to dairy farmers, Woolworths extends Drought Relief Milk effort, Long-term supply agreement with Woolworths spurs $30m investment at Junee Abattoir, Woolworths rolls out solar first in Young car park, Woolworths launches ‘The Kitchen’ concept store in Double Bay, Woolworths announces AB Foods as Supplier of the Year, Woolworths welcomes Federal Government commitment to refugee employment program, Woolworths partners with WWF for a more sustainable future, Christmas magic comes to Woolworths with ‘Christmas Pop-Outs', Woolworths Group to sell Petrol business and enter into commercial alliance with EG Group, Woolworths steps up super contributions for team members on parental leave, $30 million fund launched by Woolworths to help Aussie farmers meet the growing customer demand for organic fruit and vegetables, ‘Bag for good’ funds Woolworths Junior Landcare Grants Program, Woolworths Drought Relief Milk to hit the shelves this week, Woolworths welcomes industry moves towards circular economy, Woolworths announces drought relief milk range to support dairy farmers, Woolworths Carrier of the Year Awards 2018, Woolworths Group named top Australian company in 2018 Thomson Reuters Diversity & Inclusion (D&I) Index, More than $7 million raised to date by the Woolworths Group and their customers in support of drought-affected Aussie farmers, Final profit and dividend announcement for the 52 weeks ended 24 June 2018, Woolworths to donate all profits from fresh food sales this Saturday to support drought affected Aussie farmers, Woolworths opens its first next generation supermarket in Brisbane, Woolworths supports drought affected Aussie farmers with $1.5million funding boost to Rural Aid, Woolworths Rewards now available on Google Pay, Woolworths Group enters new alliance with Caltex, Growing customer demand drives Macro range expansion at Woolworths, Single-use plastic shopping bags gone for good at Woolworths, Woolworths steps onto the cricket pitch with nationwide junior community partnership, Woolworths Group reaffirms its commitment to a Greener Future, Woolworths announces new dedicated Melbourne Fresh Distribution Centre, Woolworths Group FY18 Third Quarter Results, Vale Michael Luscombe, former CEO of Woolworths Group, Woolworths announces June 20 as the date for national phase out of single-use plastic bags, Vital resource boost for Australian schools with Woolworths Earn & Learn delivery, Limited edition coin series helps Australians celebrate the Gold Coast 2018 Commonwealth Games, Woolworths puts an end to gift card expiry dates for good, Woolworths reaffirms commitment to offering customers healthier choices, 2018 Half-Year Profit and Dividend Announcement, Woolworths unveils the next generation of supermarket, IMF Bentham discontinues funding of potential class action, New Managing Director announced for Endeavour Drinks, Woolworths announces Chobani as Supplier of the Year, ACCC opposes BP proposed acquisition of Woolworths Group’s fuel business, Woolworths extends gift card expiry to three years nationally, Woolworths reaffirms commitment to improving labour rights in fresh food supply chains, Woolworths pleased to see food waste reduction is now a national priority, For just 50 cents help share a meal for Aussies in need this Christmas, Woolworths first to commit to Australasian Recycling Label across Own Brand product range, Endeavor Drinks Group gives customers greater control over online deliveries, Woolworths Rewards coming to iPhone, Woolworths Group FY18 First Quarter Results, Woolworths and Foodbank: 15 years, 15 million kilos, Woolworths partners with NSW Government for Seniors Card holders, Woolworths steps into the goal circle with Netball Australia partnership, Completion of Home Consortium Transaction, TOMRA Cleanaway JV announces Woolworths as first retail partner to help support the delivery of NSW Government sustainability initiative, Countdown to phase-out single-use plastic carrier bags by end of 2018, New Woolworths Beecroft opens single-use plastic bag free, Woolworths Carrier of the Year Awards 2017, Woolworths first to roll out Pick Up service nationally for online orders, Woolworths hits the road as Fresh Market Update returns, Final profit and dividend announcement for the 52 weeks ended 25 June 2017, Woolworths joins Gold Coast 2018 Commonwealth Games sponsor family, Discover the wonder of Possum Magic with limited edition collector coin series, BP proposed acquisition of Woolworths petrol sites, Woolworths Group announces move away from single-use lightweight plastic shopping bags nationwide, Woolworths' fresh boost for the next generation of surfers, Food Rescue leadership recognised at Green Ribbon Awards, Woolworths launches Australia’s largest supermarket customer sampling community, Woolworths Kalgoorlie leads the way in Indigenous employment program, Nationwide country of origin labelling education program launched at Woolworths, Woolworths Group FY17 Third Quarter Results, Woolworths supports Kraft Heinz commitments to FAD free tuna, Statement on Woolworths Supermarkets supplier payment terms, IMF Bentham class action funding announcement, Woolworths Group FY17 Half-Year Earnings Announcement, Woolworths now accepting UnionPay debit and credit cards, Woolworths Group launches Corporate Responsibility Strategy 2020, Woolworths Group appoints new Managing Director of Woolworths Supermarkets, No added wax on new season apples at Woolworths in 2017, Woolworths names Cargill Teys as Supplier of the Year, Woolworths unveils festive Reindeer Carrots range to feed Christmas Eve demand, Woolworths and Australia Post partner for easy parcel pick-ups, Resignation of Sally Macdonald, CEO of BIG W, Woolworths secures new agreement with SPC Ardmona, Next generation of Woolworths stores unveiled on Sydney’s Northern Beaches, Woolworths, The Salvation Army and Adam Goodes ‘S.T.A.N.D. 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