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BP completes purchase of TravelCenters of America

BP Products North America has completed its US$1.3bn acquisition of TravelCenters of America.
By James Foster May 23, 2023 Read time: 1 min
The acquisition adds a network of around 280 travel centres located on major highways across US
The acquisition adds a network of around 280 travel centres located on major highways across US

BP says the acquisition marks a milestone for the US in the growth of BP's strategic convenience and mobility business and welcoming thousands of additional employees into the fuel company.

“We are thrilled to welcome the TravelCenters of America team to BP and give a turbo-boost to our convenience and mobility business in the US,” said Emma Delaney, BP’s executive vice president customers and products. “Combining TA’s sites on US highways with our brilliant retail network off the highway immediately expands our offer and doubles our global convenience gross margin.

“By integrating BP Pulse, our fast-growing EV charging business, along with biofuels and renewable natural gas businesses – and in time, hydrogen – we can help America’s vital fleets and logistics companies decarbonise,” she added.