Mohsin and Zuber Issa | |
|---|---|
| Born | Mohsin: July 1971 Zuber: June 1972 Blackburn, Lancashire |
| Nationality | British |
| Education | Witton Park Academy |
| Occupation | Entrepreneurs |
| Known for |
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Mohsin Issa CBE and Zuber Issa CBE are British 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] In January 2025, Zuber revealed that he left Asda and stepped down as chief executive of EG Group due to a divergence of opinions with TDR Capital.[7]
- ^ "About Us". EG Group. 22 August 2017. Retrieved 2 March 2018.
- ^ "Asda bought by billionaire brothers in £6.8bn deal". BBC News. 2 October 2020. Retrieved 2 October 2020.
- ^ "Asda entices new boss with £10m pay package". Yahoo Finance. 9 June 2024. Retrieved 20 August 2024.
- ^ "Blackburn Issa brother to step down from running Asda supermarket chain". Lancashire Telegraph. 18 September 2024. ISSN 0307-1235. Retrieved 18 September 2024.
- ^ "Zuber Issa to lead new venture as he steps down from EG Group". Asian Image. 18 September 2024. Retrieved 18 September 2024.
- ^ "Blackburn Issa brother to step down from running Asda supermarket chain". Yahoo News. 18 September 2024. Retrieved 18 September 2024.
- ^ editor, Oliver Shah, Associate (11 January 2025). "Zuber Issa: 'We didn't understand what private equity was'". www.thetimes.com. Retrieved 12 January 2025.
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