Announced
Completed
Financials
Tags
Private
Single Bidder
Friendly
Acquisition
Majority
convenience stores
Diversified Retailers
United States
Completed
Domestic
Synopsis
7-Eleven, an American international chain of convenience stores, completed the acquisition of 204 convenience stores from Sunoco, a limited partnership company which sells motor fuels in retail and wholesale channels, for $1bn. "Stripes and Laredo Taco Company have been a great addition to our family of brands since they initially joined us back in 2018. We're excited to welcome the remaining Stripes stores and Laredo Taco Company Restaurants to the family, and we look forward to serving even more customers across West Texas, New Mexico and Oklahoma," Joe DePinto, 7-Eleven CEO.
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