top of page

EG Group promises to create 32,000 jobs

EG Group has revealed plans to create 32,000 global jobs over a five-year period, with the company’s foodservice business accounting for the majority of roles.

The company, which operates petrol stations and fast-food brands across Europe, the US, and Australia, is owned by the Issa brothers, who also own supermarket retailer Asda.

The retailer said that in the UK, it will deliver many of the jobs by rolling out its propriety brands – including bakery chain Cooplands and fast-food brand LEON – across its petrol forecourt network, new-to-industry sites (NTIs), and EG foodservice concessions at Asda locations.

It added that it would establish a large number of new jobs by speeding up openings for its third-party brand partners – which include KFC and Starbucks – including drive-thrus on its petrol forecourts and on Asda car park.

The Group says that it will add around 22,700 UK jobs between this year and 2026. Some of the new roles – which will be both highly skilled and entry-level – will be at the company’s head office in Blackburn where it currently has around 900 employees.

Roughly 9,700 new roles will be created across the company’s other nine markets: Ireland, France, Italy, Germany, Belgium, the Netherlands, Luxembourg, Australia, and the US during the same period.

“As EG continues to go from strength to strength, we will be creating a large number of new jobs over the coming years, particularly in our successful foodservice business ‒ which remains a significant growth opportunity globally. We are proud to be a business founded in Britain that invests in job creation worldwide while focusing heavily on the training and development of colleagues,” said Mohsin Issa and Zuber Issa, co-founders and co-chief executives of EG Group. “EG has a strong track record of providing colleagues with long-term opportunities to progress their career at all levels ‒ and we are passionate about continuing this.”

EG Group bought LEON in May last year and Cooplands in October 2021. The company said it plans to open 30 new Cooplands outlets a year over the next five years, including cafés inside NTIsand convenience stores on EG forecourt sites.

EG Group also plans to roll out at least 50 LEON restaurants a year over the same time, primarily in the UK, alongside 10 further openings in the Netherlands, ahead of a wider European expansion.

The announcement follows the publication of its latest financial results, which shows a 16.3 percent increase in adjusted EBITDA to $1.4 billion.


Original Article:

1 view0 comments


Post: Blog2_Post
bottom of page