BP has acquired 8 companies, including 4 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 16 assets.
BP’s largest acquisition to date was in 1998, when it acquired Amoco for $48.2B. It’s largest disclosed sale occurred in 2012, when it sold Atlantic Richfield Company to Andeavor for $2.5B. BP has acquired in 3 different US states, and 4 countries. The Company’s most targeted sectors include energy services and equipment (29%) and oil/gas exploration (29%).
Join Mergr and gain access to BP’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the oil/gas exploration sector.
M&A Total Activity23
- M&A Buy Activity7
- M&A Sell Activity16
- Total Sectors Invested 4
- Total Countries Invested 4
- M&A Buy/Sell Connections 21