European retailers Euro Garages, EFR Group merge and become Intervias
Euro Garages and European Forecourt Retail Group (EFR) to become a strong European player in the petrol forecourt and convenience retailing sector after merger.
Independent petrol forecourt and convenience retail operators Euro Garages (United Kingdom) and EFR (Benelux and France) have joined forces to become a European leader in the petrol forecourt retail sector.
A new holding company named Intervias has been established, with a small corporate office in London. EFR and Euro Garages will continue to operate under their own names with their current CEO’s and senior leadership teams.
“We will play a pivotal role in the further consolidation of the petrol forecourt retail sector. We have an ambitious retail growth strategy and I am proud to play a role in this process as Group Chairman,” said Tony DeNunzio, Chairman of Intervias, who has with international retail and consumer goods experience at Asda, Maxeda, Dixons Carphone and Pets at Home.
The merged group will have around 1,450 locations and 8,500 employees. Euro Garages and EFR together will be serving more than 6 million customers a week through the management and operation of leading retail brands such as BP, ESSO, Shell, Texaco, Carrefour, Greggs, Louis Delhaize, Starbucks and Subwa
“The merger will give European consumers access to leading global retail brands on petrol forecourt locations,” comments EFR Chief Executive Officer Rika Coppens.
