Mergers & Acquisitions

EG Group to Acquire 9 Mercury Fuel Service C-Stores

Retailer will rebrand the units to its Cumberland Farms banner
EG America

WESTBOROUGH, Mass. — EG Group has entered into an asset purchase agreement with Mercury Fuel Service Inc. to acquire nine company-operated convenience stores in Connecticut.

EG Group already operates a network of 72 Cumberland Farms convenience stores in Connecticut, employing nearly 1,500 team members. The nine company-operated Mercury sites will be rebranded to Cumberland Farms to provide customers with a consistent offering across the network in Connecticut.

“We are excited to add these nine stores to the EG Group’s Cumberland Farms banner so that we may reach more of our loyal guests, and look forward to additional site growth across the EG America network,” said George Fournier, president of EG America, Westborough, Mass.

“We have built a solid and thriving business over the past 74 years and are proud of everything we have accomplished,” Michael J. Devino, president of Waterbury, Conn.-based Mercury Fuel Service, said. “Cumberland Farms is a great brand, and we are sure they will leverage their expertise to ensure these stores thrive even more.”

The companies expect the transaction to close over the next few months.

In the United States, EG Group owns and operates Cumberland Farms, Certified Oil, Fastrac, Kwik Shop, Loaf ‘N Jug, Minit Mart, Quik Stop, Tom Thumb, and Turkey Hill. EG Group has more than 1,700 stores across the country in 31 states and pumps more than 2.5 billion gallons of fuel, it said, with merchandise sales of more than $3 billion on an annualized basis.

Founded in 2001 by the Issa Family, Blackburn, U.K.-based EG Group is a leading fuel forecourt retail convenience operator that has established partnerships with global brands. It employs more than 55,000 colleagues working in approximately 6,000 sites across Europe, the United States and Australia.

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