bp completes purchase of TravelCenters of America

TravelCenters of America

In May, BP Products North America Inc., a wholly owned indirect subsidiary of BP p.l.c., completed its $1.3 billion acquisition of TravelCenters of America Inc.

TravelCenters of America is one of the country’s leading full-service travel center operators, marking a milestone for the US in the growth of bp’s strategic convenience and mobility business and welcoming thousands of additional employees into bp.

Emma Delaney, executive vice president customers & products, bp, said: “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. 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 decarbonize.”

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