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Daily Mirror
Daily Mirror
Business
Sam Barker

Billionaire Issa brothers who own Asda plan to create more than 32,000 jobs

The billionaire brothers who part-own Asda have announced plans to create 32,000 more jobs.

Brothers Mohsin and Zuber Issa founded EG Group, which owns 6,000 petrol stations and various fast food brands in Europe and the US.

They also own Asda, along with investment firm TDR Capital.

Now EG Group has unveiled plans to create 32,000 more jobs across the world - with 22,700 in the UK.

Most of the jobs will come from rolling out its Cooplands bakeries and Leon restaurants across its forecourts.

Cooplands will open 30 outlets a year in 2026, and 50 Leon restaurants.

The Issa brothers also want to create jobs by opening more big-name firms to its petrol stations and Asda carparks - like Starbucks and KFC .

It will also be opening more concession stands in its Asda supermarkets.

The EG Group said the money for the new roles is being "driven by a sustained investment in its successful foodservice business".

The group will also hire new staff at its head office in Blackburn.

The new UK roles will be created between January 2022 and December 2026.

The company will also hire 9,700 new staff in Ireland, France, Italy, Germany, Belgium, the Netherlands, Luxembourg, Australia and the US.

In a joint statement, Mohsin and Zuber Issa said: "As EG continues to go from strength to strength, we will be creating a large number of new jobs over the coming years, particularly in our successful foodservice business ‒ which remains a significant growth opportunity globally.

"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."

Last month The Mirror reported the Issa brothers are among the main bidders for 2,200 Boots stores.

The pharmacy chain employs more than 50,000 people, and a takeover could be worth as much as £7billion.

Boots is owned by US-based company Walgreens Boots Alliance, which unveiled a 'strategic review' of the pharmacy chain in January.

Last month a team of interested buyers, Bain Capital and CVC Capital Partners, dropped out of a £6billion deal.

Sky said the firms pulled out because Walgreens wanted too much money for Boots.

Buyers who are also understood to be interested in the past include investment firm Advent, Carlyle and KKR.

KKR owned Boots in the past, before selling it to Walgreens.

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