M&A Deal Summary

EG Group Acquires Mercury Fuel Service

On March 18, 2021, EG Group acquired oil/gas exploration company Mercury Fuel Service

Acquisition Highlights
  • This is EG Group’s 1st transaction in the Oil/Gas Exploration sector.
  • This is EG Group’s 2nd transaction in the United States.
  • This is EG Group’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2021-03-18
Target Mercury Fuel Service
Sector Oil/Gas Exploration
Buyer(s) EG Group
Deal Type Add-on Acquisition

Target

Mercury Fuel Service

Westport, Connecticut, United States
Mercury Fuel Service operates a network of 72 Cumberland Farms convenience stores. Mercury Fuel Service is based in Westport, Connecticut.

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Buyer(S) 1

Buyer

EG Group

Blackburn, United Kingdom

website

Category Company
Sector Retail
Employees25,000
DESCRIPTION

EG Group is an independent fuel station and convenience retailer, with a diversified portfolio of sites across 8 countries in Europe and North America. EG Group has made a significant commitment to delivering a modern consumer retail offer which exceeds expectations and creates a true ‘one-stop’ retail destination to satisfy multiple consumer missions.

DEAL STATS #
Overall 2 of 3
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Connecticut) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-09 Schrader Oil

Fort Collins, Colorado, United States

Schrader Oil owns and operates 18 convenience retail stores and fuel stations. Schrader Oil was founded in 1937 and is based in Fort Collins, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-04 Cooplands

Scarborough, United Kingdom

Cooplands owns and operates traditionally-made, high-quality produce including bread, sandwiches, pies, pastries, and cakes to more than 140 Cooplands shops, 11 cafes, and 28 sandwich vans. Cooplands Bakery was founded in 1885 and is based in Scarborough, United Kingdom.

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