Thomas Wasson
Thursday, February 16, 2023
Loaded and Rolling: BP buys TravelCenters of America; ATRI reveals top bottlenecks of ’23
On Thursday, according to a news release, BP Products North America Inc., a subsidiary of BP, reached an agreement to purchase TravelCenters of America for $1.3 billion in cash. The purchase of TA is expected to add around 280 travel centers and double BP’s global convenience gross margin.
