Finance

EG Group's French Business Acquired by EG On The Move

News Brewery reports on EG Group's recent decision to sell its French business to EG On The Move.

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EG Group's French Business Acquired by EG On The Move

EG Group has announced the sale of its French business to EG On The Move, marking a significant strategic move for the company. The deal, which was agreed upon recently, will see EG On The Move taking over operations in France as part of its expansion plans.

This acquisition is expected to strengthen EG On The Move's presence in the French market while allowing EG Group to focus on other areas of their business. The sale reflects the changing dynamics in the retail sector and the need for companies to realign their operations to adapt to evolving market conditions.

EG Group, a leading convenience store and fuel retailer, has been making strategic moves to streamline its operations and enhance profitability. The sale of its French business to EG On The Move is seen as a positive step in this direction, positioning both companies for future growth and success.

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