Air BP announced its agreement to purchase the aviation fuel
business, Statoil Fuel & Retail Aviation (SFR Aviation),
from Canadian company Alimentation Couche-Tard, officials
said on Wednesday.
The deal will add around 73 new airports in the Nordic
countries and Northern Europe
to Air BPs 600-strong
global fuels network. The deal, which is subject to
regulatory approvals, is expected to close by the end of
On completion, around 59 SFR Aviation employees, currently
based in Norway, Sweden and Denmark, are expected to join Air
Bringing SFR Aviations business into our own
strengthens our position in Scandinavia which is an
attractive region for the aviation industry, especially in
the general aviation market," said David Gilmour, chief
executive of Air BP.
"This deal will grow BPs airport coverage, as well as
introduce us to new customers, and give us access to SFR
Aviations quality infrastructure and operations. It
complements our existing presence in the region and will
allow us to expand where we see long term prospects.
The acquisition gives Air BP presence in new locations,
particularly in Norway, and a strong position in the general
aviation customer segment.
As a competitive, leading supplier in the region,
well be offering our new commercial airline, general
aviation and military customers Air BPs full range of
services including security of supply, product quality
assurance, our technical services offer, and 24/7 customer
support, said Gilmour.
The acquisition brings Air BP a network of quality locations,
high operating standards, new supply and sales agreements,
including some military contracts, a fleet of refueling
vehicles, and storage and distribution infrastructure.