Acquisition of Petrocorner Retail and Kingbrook Inversiones Socimi by BP Oil Espana

BP acquired Petrocorner Retail, S.L.U. and Kingbook Inversiones Socimi, S.A., which are respectively the operator and owner of the real estate for a chain of 65 petrol stations spread across 21 provinces in Spain.

A BDO team from the UK and Spain undertook financial and tax due diligence on Petrocorner and Kingbrook for BP.