Struggling UK supermarket firm Wm Morrison has announced the sale of 30 petrol station forecourt sites to BP, Somerfield and Tesco.


The 30 forecourt sites were inherited following the dissolution of the BP and Safeway partnership. The sale of 12 of the sites was subject to a pre-emption right in favour of BP Oil UK; BP triggered its pre-emption rights in respect of nine of the sites.


BP intends to retain four of the sites with the other five sites to be transferred to BP’s nominee, UK grocer Somerfield. The remaining sites will transfer to Tesco, subject to the approval of the Office of Fair Trading.


Commenting on the forecourt acquisitions, Steve Back, chief executive of Somerfield, said: “The forecourt sites are complementary to our existing forecourt convenience store network and are further evidence of our ambition to grow that part of our business.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.