Issa brothers’ EG Team snaps up 52 KFC sites in the United kingdom

Issa brothers’ EG Group snaps up 52 KFC sites in the UK

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G Group, the forecourts operator, has agreed a offer to buy 52 KFC dining places in the United kingdom, building it the greatest franchisee in Western Europe for the chain.

The customer is owned by the billionaire Issa brothers, Zuber and Mohsin, and non-public equity agency TDR Cash. They final year unveiled a deal to obtain a vast majority stake in grocer Asda.

EG mentioned the community acquired from Amsric Team, an appointed franchisee for KFC, contains a mixture of push via and common web-site formats, throughout the south and south west regions. Much more than 1600 individuals function across that portfolio.

Write-up-completion EG will function over 220 KFC places to eat in Europe and the British isles.

The Issa brothers reported: “We have viewed a marked upward development in the effectiveness of our existing KFC network and this has provided us confidence to think about and make investments in more property.”