Approved with conditions · Notification · Phase 2 · filed 10 Oct 2025
Ampol Retail Holding Pty Ltd, a subsidiary of ASX-listed Ampol Limited, is acquiring the retail fuel and convenience sites operated by EG Australia via a Share Purchase Agreement. This transaction in the fuel and convenience retailing sector will see Ampol own and operate EG Australia's sites, subject to proposed divestitures.
Pursuant to the terms of a Share Purchase Agreement, the retail sites operated by EG Australia will become Ampol owned and operated retail sites, subject to proposed divestitures. Ampol Retail Holding Pty Ltd is a wholly-owned subsidiary of Ampol Limited (Ampol), which is listed on the ASX (ASX: ALD). Ampol is a transport energy provider which purchases, refines, imports and distributes petroleum products in Australia and is rolling out electric vehicle (EV) public charging networks. Ampol also has operations and interests across Singapore, New Zealand, Philippines and the US. In Australia, Ampol also has a network of fuel and retail convenience sites. EG Australia is a convenience retailer of fuel, food to go and convenience products which commenced operations in Australia in April 2019 when it acquired the Woolworths retail fuel and convenience sites. Globally, the EG Group operates fuel, convenience and food-to-go retail offers in Europe and the US. Ampol and EG Australia overlap in the supply of fuel and convenience products in all Australian states and territories at a retail level: Ampol owns and operates 584 retail fuel sites under the “Ampol” brand and 39 unstaffed sites under the “U-GO” brand. U-GO sites sell fuel only with no convenience offering. Ampol sets the retail fuel prices for these sites. EG Australia owns and operates approximately 512 “EG” branded sites. Ampol supplies fuel to EG Australia under a wholesale fuel supply agreement, meaning EG Australia’s sites supply “Ampol” fuel.