Issa brothers announce split as duo issue statement on 'amazing journey'

Zuber Issa is set to step down as Co-CEO Group leaving his brother Mohsin to continue to lead the business as a sole CEO.

The Issa brothers' EG Group has sold it's remaining UK forecourt business to co-founder Zuber Issa for £228m. Zuber will retain his existing shareholding in the company and remain on the Board as a Non-Executive Director

TDR Capital and Mohsin's shareholdings in EG Group also remain unchanged, Lancs Live reports.

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Lord Stuart Rose, Chairman of EG Group, said: "On behalf of the Board of EG Group, I would like to thank Zuber for his incredible leadership, which has been central to building one of the largest and most entrepreneurial private companies in the UK. EG Group is a UK success story on the global stage that has created significant opportunities for people in Blackburn and other local communities in the Group's international markets and pioneered the foodservice model at the roadside."

"With Mohsin remaining as sole CEO, the business is in the right hands and well-placed for further success. I look forward to continuing to work with Mohsin and Zuber on the Board of EG Group as we focus on growing the international business and ensuring EG plays a key role in the energy transition."

In a joint statement, Mohsin Issa CBE and Zuber Issa CBE co-founders and Co-CEOs of EG Group, said: "We have had an amazing journey together building EG Group over the last 20 years and we look forward to continuing to work closely together as fellow Board members and shareholders in EG Group."

"The company is well positioned for future growth and success, with a strong international portfolio and a growing EV business. We