LONDON, Sept 3 Oil and gas producer BP
will buy Scandinavian aviation fuel business Statoil Fuel &
Retail (SFR), adding 73 airports to its around 600-strong global
fuel network, the company said on Wednesday.
SFR, owned by Canadian company Alimentation Couche-Tard Inc
, operates mostly in northern Europe and 59 of its
employees in Norway, Sweden and Denmark are expected to join Air
BP, it said.
The value of the deal was not disclosed.
"Bringing SFR Aviation's 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, its jet
Air BP is one of the world's largest suppliers of aviation
fuel and supplies around 240 million tonnes of the fuel every
At 1358 GMT, BP shares were trading up 1.32 percent 483.60
pence per share.
(Reporting by Ron Bousso; editing by Susan Thomas)