Mohsin and Zuber Issa

Mohsin and Zuber Issa
BornMohsin: July 1971
Zuber: June 1972
Blackburn, Lancashire
NationalityBritish
EducationWitton Park Academy
OccupationEntrepreneurs
Known forCo-founders of EG Group

Mohsin Issa CBE and Zuber Issa CBE are British-Indian billionaire brothers and businessmen who founded Euro Garages (later renamed EG Group) in 2001, a Blackburn-based operator of filling stations, convenience stores and food service providers across Europe, the United States and Australia.[1] In October 2020, as part of a consortium with TDR Capital, the brothers became majority stakeholders in the British supermarket chain Asda.[2] From August 2021 to September 2024, Mohsin served as Asda's chief executive.[3]

Since September 2024, Mohsin Issa is the sole chief executive of EG Group, and a minority owner and non-executive director of Asda.[4] Zuber Issa owns and runs his separate business, EG On the Move, is a non-executive director of EG Group, and no longer holds ownership in Asda after selling his stake to TDR Capital.[5] Both brothers retain their ownership stakes in EG Group.[6]

  1. ^ "About Us". EG Group. 22 August 2017. Retrieved 2 March 2018.
  2. ^ "Asda bought by billionaire brothers in £6.8bn deal". BBC News. 2 October 2020. Retrieved 2 October 2020.
  3. ^ "Asda entices new boss with £10m pay package". Yahoo Finance. 9 June 2024. Retrieved 20 August 2024.
  4. ^ "Blackburn Issa brother to step down from running Asda supermarket chain". Lancashire Telegraph. 18 September 2024. ISSN 0307-1235. Retrieved 18 September 2024.
  5. ^ "Zuber Issa to lead new venture as he steps down from EG Group". Asian Image. 18 September 2024. Retrieved 18 September 2024.
  6. ^ "Blackburn Issa brother to step down from running Asda supermarket chain". Yahoo News. 18 September 2024. Retrieved 18 September 2024.