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7-Eleven, Inc. Announces Acquisition Of 204 Stripes Stores

PRIVATEJan 11, 2024

Acquiring Company

7-Eleven

Acquired Company

Sunoco

IrvingDallasFood and BeverageHospitalityGroceryRetailEnergyOil And Gas

Description

7-Eleven, Inc. announced today that it has entered into an agreement to acquire 204 stores from Sunoco LP, which includes Stripes® convenience stores and Laredo Taco Company® restaurants.

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Company Information

Company

7-Eleven

Location

Irving, Texas, United States

About

7-Eleven, Inc. is the premier name in the U.S. convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada. In addition to 7-Eleven® stores, 7-Eleven, Inc. operates and franchises Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations. Known for its iconic brands such as Slurpee®, Big Bite® and Big Gulp®, 7-Eleven has expanded into high-quality sandwiches, salads, side dishes, cut fruit and protein boxes, as well as pizza, chicken wings and mini beef tacos. 7-Eleven offers customers industry-leading private brand products at outstanding value. Customers can earn and redeem points on various items in stores nationwide through its 7Rewards® and Speedy Rewards® loyalty programs with more than 80 million members, place an order in the 7NOW® delivery app in over 95% of the convenience retailer's footprint, or rely on 7-Eleven for other convenient services. Find out more online at www.7-eleven.com. SOURCE 7-ELEVEN INC.

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Frequently asked

Who acquired Sunoco?

Sunoco was acquired by 7-Eleven, based in Irving. The deal was reported on January 11, 2024. 7-Eleven, Inc. is the premier name in the U.S. convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 13,000 stores in the U.S. and Canada. 7-Eleven is privately held and operates in Food and Beverage.

When did 7-Eleven acquire Sunoco?

7-Eleven's acquisition of Sunoco was reported on January 11, 2024. 7-Eleven, Inc. announced today that it has entered into an agreement to acquire 204 stores from Sunoco LP, which includes Stripes® convenience stores and Laredo Taco Company® restaurants. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sunoco do?

Sunoco LP is a master limited partnership with core operations that include the distribution of motor fuel to approximately 10,000 convenience stores, independent dealers, commercial customers, and distributors located in more than 40 U.S. It is publicly traded (SUN), operating in Energy, and is based in Dallas.

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