bp plans to sell its mobility and convenience business in Austria, including more than 260 retail sites, its Austrian fleet operations, electric vehicle charging assets, and its stake in the Linz fuel terminal joint venture.
This decision follows bp’s earlier announcements of similar divestments in the Netherlands in 2023, Turkey in 2024, and Switzerland in 2022.“>
bp on Thursday announced plans to sell its mobility and convenience business in Austria, including more than 260 retail sites, its Austrian fleet operations, electric vehicle charging assets, and its stake in the Linz fuel terminal joint venture.
The marketing process for the divestment will begin immediately and the transaction is expected to be completed by the end of 2025, subject to regulatory and other approvals.
The proposed sale includes approximately 260 bp-branded retail fuel sites across Austria, of which around 120 are company-owned, along with its associated fleet business, EV charging infrastructure including those under development, and bp’s shares in the non-operated joint venture running the Linz fuel terminal.
Emma Delaney, Executive Vice President, customers & products at bp, 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.”
She added, “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.”
This decision follows bp’s earlier announcements of similar divestments in the Netherlands in 2023, Turkey in 2024, and Switzerland in 2022.
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