New Delhi: Essar Energy Transition's retail arm has agreed to acquire independent UK forecourt operator SGN Retail in a deal estimated at about 400 million pounds, adding 118 sites to its network and creating a 235-site estate as it seeks to build a vertically integrated fuel business in Britain.
EET Retail, the retail division of Essar Energy Transition Fuels, in a statement said it had agreed to acquire 100 per cent of SGN Retail, which was founded by Graham Peacock and Susan Tobbell.
