EG On The Move acquires 260 forecourts from EG Group in France

By Global Infrastructure Sherpa · Feb 25, 2026

Acquisition EV Charging announced France Feb 25, 2026

EG On The Move is expanding to France, buying around 260 forecourts from EG Group. The acquisition creates additional opportunities to roll out a rapid EV charging infrastructure.

Deal Analysis

EG On The Move's acquisition of approximately 260 forecourts from EG Group in France represents a strategic expansion into the French market. This acquisition provides EG On The Move with a significant foothold in the country's existing fuel retail network, creating a platform for the rollout of rapid EV charging infrastructure. The deal aligns with the growing demand for EV charging solutions and positions EG On The Move to capitalize on the increasing adoption of electric vehicles in France. The transaction is notable due to the involvement of TDR Capital, a private equity firm with a focus on European businesses, as the owner of both EG Group (the seller) and, presumably, EG On The Move (the buyer). While the deal value remains undisclosed, the sheer number of forecourts involved suggests a substantial investment. This acquisition could signal a broader strategic shift within TDR Capital's portfolio, prioritizing investments in EV charging infrastructure through EG On The Move. The deal's impact on the French EV charging market will depend on the speed and scale of EG On The Move's subsequent infrastructure deployment.

EG On The Move expands into the French market with the acquisition of 260 forecourts.
The acquisition provides a platform for the rollout of rapid EV charging infrastructure.
TDR Capital, a private equity firm, is involved as the owner of both the buyer and seller.
The deal highlights the increasing importance of EV charging infrastructure within the broader energy transition.

Market Context: The deal occurs within the context of a rapidly growing EV market in France and increasing demand for accessible and reliable EV charging infrastructure. The French government is actively promoting the adoption of electric vehicles through various incentives and policies, creating a favorable environment for investments in EV charging networks.

Source Intelligence

KEY DETAILS

The acquisition is subject to final regulatory approvals. "The proposed acquisition of the French network from EG Group will further diversify our portfolio, allow us to invest in our recognised retail channels and create additional opportunities to roll out rapid EV charging infrastructure," says Issa.

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Location

EG On The Move is expanding to France, buying around 260 forecourts from EG Group

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Announcement

By Juliet Morrison 2026-02-25T22:23:00+00:00

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Expected Close

The development – which is subject to final regulatory approvals and expected to complete in the second quarter

PARTIES MENTIONED IN SOURCE

EG On The Move buyer

"EG On The Move is expanding to France, buying around 260 forecourts from EG Group"