bp has agreed to sell its mobility and convenience retail operations, including its bp pulse electric vehicle (EV) charging network in the Netherlands, to Dutch energy firm Catom as part of its USD 20 billion global divestment programme.
The transaction includes around 300 bp-branded or owned service stations—some featuring EV charging infrastructure—15 operational bp pulse charging hubs, eight hubs under development, and the associated fleet business. The sale is expected to close by the end of 2025, pending regulatory approvals.
The divestment forms part of bp’s ongoing strategy to streamline and refocus its downstream portfolio, favouring more integrated, high-performing assets. The company reported USD 1.5 billion in signed or completed divestments by the end of the first quarter of 2025 and anticipates additional progress throughout the year.
Emma Delaney, executive vice president for customers and products at bp, noted that while the company has built a strong Dutch retail business, it believes a new owner is better placed to take the business forward. She added that bp is working closely with Catom to ensure a smooth transition for staff and customers.
Catom, a Netherlands-based firm specialising in the trade and distribution of fuels and lubricants, will expand its OK brand network to more than 400 sites nationwide through the acquisition. The company was chosen for its compelling offer and commitment to preserving employee terms and future development plans.
Catom CEO Jan Willem Westerhuis said the deal positions the company to become the top player in the Dutch fuel retail sector and welcomed the addition of new employees.
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