Billionaire Issa brother to launch new supermarket dubbed Euro Grocers

Billionaire Issa brother to launch new supermarket
Zuber Issa owns EG Group and Asda with his brother Mohsin
// Zuber Issa to independently opening a new store concept, Euro Grocers
//  Issa is opening Euro Grocers on a site he acquired from a commercial business that had closed down in his hometown of Blackburn

One of the billionaire brothers who owns Asda is reportedly prepping to launch a new supermarket in his home town of Blackburn.

Zuber Issa is behind the new venture, called Euro Grocers, which will be a standalone business and not form part of the wider EG Group.

His brother and fellow EG Group and Asda owner, Mohsin, is not involved in the new enterprise.


Euro Grocers is expected to be a small supermarket focusing on fresh food that will also include a butcher as well as a fishmonger.

Just the one store has been planned for now but other sites could open if the trial is a success.

The Issa brothers started out with a single petrol station in Bury, Greater Manchester, before expanding to other locations and creating Euro Garages.

They partnered with private equity giant TDR Capital to firm EG Group and buy up sites in Europe.

The brothers also worked with TDR Capital to complete their £6.8bn acquisition of Asda from Walmart, which is separate from the wider EG Group.

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