Law firm Freeths Nottingham has advised Zuber Issa, CEO of EG On The Move, on the acquisition of Applegreen’s 98 petrol filling stations across the UK, boosting its forecourt presence.
The purchase is expected to be completed by the end of the month, bolstering the business’s sites to almost 150. EG On The Move is known for its electric vehicle fast charging features and franchises.
As part of the deal, all 1,142 Applegreen’s UK petrol filling roles will be retained, bringing the EG On The Move employee headcount to 4,500.
The transaction was led by Freeths’ Real Estate Partner Atiyya Khaliq, supported by (amongst others) Managing Associates Michaela Maosn and Zac Clayton, and Associate Sam De La Bertauche.
Commenting on the deal, Atiyya Khaliq said: “As a long-standing client, it’s always a pleasure to support the team with its ongoing strategic growth. This deal secures a wider presence across the South of England, cementing its position as leader within the market.”
