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Essar Energy Transition Retail buys UK forecourt network SGN for £250 mn

The £250-million acquisition will add 118 sites to EET Retail's existing 117 forecourts, creating a 235-site network as Essar targets 800 UK forecourts by 2031

Essar Energy Transition Retail buys UK forecourt network SGN for £250 mn

Essar Energy Transition Retail's subsidiary EET Retail has acquired UK forecourt network SGN for £250 million. The acquisition adds 118 sites to EET Retail's existing 117 forecourts, creating a network of 235 sites.

According to Business Standard, Essar is targeting 800 UK forecourts by 2031.

The acquisition brings EET Retail's total site count to 235.

Brief written by urgent.news from Business Standard IN, DutchNews — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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