WEX completes acquisition of Go Fuel Card
EG Group already work with WEX Inc. across their existing international network.
WEX Inc., a leading financial technology service provider, has announced that it has completed the previously announced acquisition of the fuel card business (Go Fuel Card) of EG Group.
The Go Fuel Card business is headquartered in Breda, Netherlands with approximately 200,000 proprietary cards in circulation across the Netherlands, France, Belgium and Luxembourg and operates on an independent proprietary card network and is accepted at over 5,000 retail sites.
“We are pleased to announce the sale of our fuel cards business to WEX Inc. This sale is consistent with our global strategy and more importantly, enables EG Group to focus more on our direct retail operations,” said Mohsin Issa, Founder and Co-CEO, EG Group.
EG Group already work with WEX Inc. across their existing international network.
