bp exits Austria with plans to sell mobility & convenience assets
Last update: Mar 28, 2025
The company aims to divest over 260 retail locations, sell its EV charging business, and its shares in the company operating the Linz fuel terminal non-operated joint venture.
bp has announced its intention to sell its mobility and convenience business in Austria, aiming to complete this divestment by the end of 2025.
The scope of sale includes over 260 retail sites across the country, 120 of which are company owned. In addition, it will also sell its associated Austrian fleet business, electric vehicle (EV) charging assets, and its shares in the company operating the Linz fuel terminal non-operated joint venture.
“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,” said Emma Delaney, EVP, customers & products at bp.
This decision is the latest example of the energy giant’s strategy to reshape and focus its downstream businesses.
The news follows last year’s announcement regarding bp’s mobility & convenience business in the Netherlands. Previous to that, the company divested its retail businesses in Turkey in 2024 and Switzerland in 2022.
