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Birmingham Post

Business

Jon Robinson

Issa brothers complete €485m deal to buy almost 300 petrol stations in Germany

EG Group Mohsin Issa Germany OMV

The group owned by the billionaire Issa brothers has acquired almost 300 service stations in Germany for €485m.

Blackburn-headquartered EG Group has snapped up the 285-strong network from OMV Deutschland GmbH.

The move follows the German Federal Cartel Office approving the takeover under the condition of the sale of 48 stations, 24 Esso stations and 24 OMV stations in Baden-Württemberg and Bavaria.

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