Essar Buys UK Operator SGN Retail
India's Essar Group has acquired UK petrol station operator SGN Retail to expand its fuel network. The deal adds 118 sites, bringing its total to 235 stations.
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India's Essar Group acquired United Kingdom petrol station operator SGN Retail on Monday, adding 118 sites in a deal valued at £400 million to £450 million. The transaction expands Essar Energy Transition Retail's network to 235 outlets. The expansion supports Essar's target to scale its UK fuel retail footprint to 800 stations by 2031.
