Essar's EET Retail to acquire UK forecourt operator SGN for 400 mn pounds

Essar Energy Transition’s retail arm is acquiring SGN Retail for approximately 400 million pounds. This deal adds 118 sites, creating a 235-site network for the company. The enlarged network will make EET Retail the UK’s second-largest forecourt operator. EET plans to expand its network to 800 sites by 2031. This acquisition strengthens domestic fuel supply resilience and integrates production with distribution.

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