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WEX to acquire EG Group's fuel card business

WEX Inc. agreed to acquire Go Fuel Card, the fuel card business of EG Group Ltd.

The transaction is expected to close in the second quarter.

Go Fuel Card is headquartered in Breda, Netherlands, and has about 200,000 proprietary cards across Netherlands, France, Belgium and Luxembourg. The cards are accepted at more than 5,000 retail sites.