Taylor, Mich.-based Atlas Oil Company said it has reached an agreement to purchase and supply 57 BP locations in the Chicago suburbs.
The deal includes a number of retail locations owned by BP Products North America Inc., several dealer-owned sites and an agreement for Atlas to continue to grow the BP and ampm franchise in that market.
Atlas said it will run the new operation from its South Bend, Ind., operations center, where Atlas currently manages the supply of more than 129 retail locations. Atlas announced its strategic relationship with BP in December 2007 and closed on the purchase of a 23-station package with BP just last month.
“Our acquisition earlier this year in Northwest Indiana provided a platform for growth in the Chicago market,” said Mike Evans, executive vice president of business development at Atlas. “It also demonstrated to BP our ability to use the platform we have built to quickly integrate new businesses into our company.”
“With their third acquisition in less than 12 months, Atlas is rapidly becoming one of the largest BP Jobbers in the Midwest,” said Sean Daley, vice president of Midwest Sales for BP Products North America.
Atlas distributes petroleum products and related services in Michigan, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Minnesota, Mississippi, Missouri, North Dakota, Ohio, Pennsylvania, Tennessee, Texas and Wisconsin. The company is on track to supply fuel to a total of 354 gas stations.