Their EG Group owns more than 6,600 petrol stations and fast food outlets globally
The Issa Brothers, who own Asda, are 'considering an £8bn takeover of sandwich giant Subway', according to reports.
Mohsin, 51, and Zuber, 50, who both hail from Blackburn, operates more than 6,600 petrol stations globally under Euro Garages, one of the EU’s largest independent fuel retailers with outlets across Europe, the United States and Australia.The business, which launched in 2001, exceeded €20bn in annual sales in 2021. EG Group is jointly owned by the Issa brothers and private equity firm TDR Capital.
A source told the paper: "EG Group have felt for a while that Subway treated them the same way as other franchise partners and their massive growth hadn’t been appreciated." The businessmen have now proposed to sell 13 petrol stations in a bid to persuade the Competition and Markets Authority to back the deal.
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