Zuber Issa
Zuber Issa | |
---|---|
Born | Blackburn, England |
Citizenship | British |
Occupation | Co-owner of Euro Garages |
Relatives | Mohsin Issa (brother) |
Zuber Issa is a British billionaire, businessman and founder of Euro Garages, a chain of petrol filling stations that operate in the United Kingdom and Europe.[1]
Early life
Born in Blackburn, Issa's father originally came to the United Kingdom to work in the textile industry from Gujarat, India.[2]
Career
Before founding Euro Garages, Zuber Issa and his brother, Mohsin, took out a lease on a garage, and saved up the money to buy their first petrol station.[3]
Issa co founded Euro Garages with his brother, Mohsin, in 2001, with the acquisition of a single petrol station in Bury, Greater Manchester. The original site cost £150,000.
Issa is responsible for strategy and acquisitions while his brother, Mohsin, runs the business day to day.[3] The company grew through a series of acquisitions.[4]
As of 2017, Euro Garages is Europe's largest independent petrol station operators, and had sales of £5 billion.[5]
In February 2018, it was announced that Euro Garages would acquired 762 convenience stores in the United States from Kroger.[6]
Personal life
In 2017, the Issa brothers bought a £25 million mansion in Knightsbridge, London, previously owned by Achilleas Kallakis.[5] The brothers applied for planning permission to create a three story basement.[5]
References
- ^ "About Us". EG Group. 2017-08-22. Retrieved 2018-03-02.
- ^ Robert Watts, Alastair McCall and (2017-05-07). "High-octane rise of brothers' firm shows family value". The Sunday Times. ISSN 0956-1382. Retrieved 2018-03-02.
- ^ a b "Band of brothers: Why sibling-run firms work - Real Business". Real Business. 2010-11-29. Retrieved 2018-03-02.
- ^ Ltd, Insider Media. "Acquisitions drive growth at Euro Garages". Insider Media Ltd. Retrieved 2018-03-02.
- ^ a b c "Rags-to-riches brothers swap Blackburn terrace for £25m Knightsbridge mansion". The Sun. 2017-11-06. Retrieved 2018-03-02.
- ^ "Blackburn-based Euro Garages to expand into US with $2bn acquisition". Lancashire Telegraph. Retrieved 2018-03-02.