bp North America has today (February 16) announced its entry into the US convenience and mobility services, agreeing to purchase TravelCenters of America (TA) with plans of expanding refuelling services including hydrogen.
The acquisition of the travel centre operator is subject to regulatory and TA shareholder approval, however, will be for $1.3bn in cash.
With an extensive network of highway sites across the US, the purchase of TA is hoped to compliment bp’s existing predominantly off-highway convenience and mobility business.
... to continue reading you must be subscribed
