EG Group
Reporting on strategy, acquisitions, and F&B partnerships at a global convenience and forecourt operator with a growing footprint in the UK foodservice sector. This section explores brand collaborations, QSR rollouts, estate performance, and leadership decisions, offering insight for operators and hospitality professionals tracking how retail-led formats are reshaping food-to-go, roadside dining, and high-footfall catering across the UK.
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Aug- 2023 -25 AugustBusiness
Subway sold to Roark Capital
Subway has announced that it has entered into a definitive agreement to be acquired by affiliates of private equity firm Roark Capital for an undisclosed sum. The company has branded this is a “major milestone” in the company’s transformation journey, combining Subway’s global presence and brand strength with Roark’s deep…
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Mar- 2023 -30 MarchFood and Drink
EG Group weighs up £8bn Subway takeover
The EG Group, which owns Asda, is reportedly considering an £8bn takeover of sandwich chain Subway, according to the Sun. Mohsin and Zuber Issa, the owners of EG, are said to be considering adding Subway to its portfolio that already includes Leon and KFC’s biggest franchise. EG Group already has…
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13 MarchFeatures
A growing pride: The takeover and expansion of Leon
Tell me a little bit about the history of Leon? Leon was founded in 2004 with the mission to make it easy for everybody to eat and live well. We created Naturally Fast Food and have always championed seasonal, Mediterranean-inspired and free-from food, and we were the first to display…
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Feb- 2023 -24 FebruaryRestaurants
Leon opens two new central London locations
Fast food brand Leon has opened two new restaurants across central London in Earls Court and Hanover Square this week. The new store openings follow the brand’s other recent high-profile London openings, which included Southbank, Battersea, and Brixton. The larger of the two restaurants, which is in Hanover Square, is…
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Nov- 2022 -22 NovemberFood and Drink
Cinnabon launches UK delivery service
EG Group, the franchiser of US bakery Cinnabon, has announced the launch of its delivery service is to be rolled out across the UK. It is said that the news follows “considerable” demand from consumers. The newly launched service will reportedly cover mainland UK and will deliver customers their orders…
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May- 2022 -25 MayBusiness
EG Group revenues hit £5bn as foodservice profits surge 54%
The EG Group has reported that its revenues surged 25.1% year-on-year from $5.52bn (£4.4bn) to $6.91bn (£5.5bn) in the three months ending 21 March 2022 (Q1), driven by growth in its foodservice business. Foodservice operations saw a 54% rise in gross profits to $175m (£139.7m), compared to $114m (£91m) in…
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Jan- 2022 -14 JanuaryCafes and Coffee Shops
Caffè Nero secures growth opportunities amid £85m loan
Caffe Nero has announced new growth opportunities after a six-year loan of approximately £85m was agreed with Carlyle, HSBC and Santander. The firm also revealed a loan of £330m was agreed by the banks in order to refinance the brands debt with majority ownership of the group remaining with Gerry…
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Dec- 2021 -20 DecemberRestaurants
Leon to open 50 new sites in 2022
Leon has announced plans to more than double the pace of its store rollout programme, with more than 50 restaurants to be opened in 2022, creating 1,000 jobs next year and 4,000 jobs over the next three years. Earlier this year, the business announced plans to open 20 restaurants over…
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3 DecemberFeatures
How restaurants recouped footfall during an unsteady climate
In the words of trade association UKHospitality, ‘the resilience of pubs and bars will be crucial to the recovery of hospitality.’ However, low footfall still present in the high street is making it difficult for operators to make a comeback. According to a latest report by the CGA, 26% of…
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Nov- 2021 -16 NovemberRestaurants
Pizza Hut agrees new EG Group partnership
EG Group and Pizza Hut have announced a new partnership to expand Pizza Hut’s footprint into the ‘on-the-go’ travel market. As a franchisee, EG Group will operate eight new Pizza Hut stores in petrol forecourt stations across the UK by the end of 2021. The expansion will reportedly bring investment…
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