Bp has announced its intention to sell its mobility & convenience business in Austria, with the aim of reaching sale completion by the end of 2025, subject to regulatory and all relevant approvals.
The company stated its aim to begin the marketing process will begin immediately, with the sale including more than 260 bp retail sites across Austria – 120 of which are company owned.
The deal also includes the purchase of bp’s associated Austrian fleet business, electric vehicle charging assets including those under development, and bp’s shares in the company operating the Linz fuel terminal non-operated joint venture.
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This decision follows from the announcements last year [2024] that bp had divested its retail businesses in Turkey in 2024 and Switzerland in 2022.
EVP, customers & products at bp Emma Delaney said: “We have a high-quality retail business in Austria with excellent locations, great people and a loyal customer base.
“Over recent years we have grown the business to become number two major branded retailer in the market.
“As bp now looks to focus downstream and reshape our portfolio, we believe that a new owner will be best placed to unlock the business’s full potential.
“Our focus remains on serving our customers and giving them a great experience every time they come to refuel or shop, and this will not be impacted by bp’s intention to sell the retail business.”
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