Done Deal: 7-Eleven expands footprint
7-Eleven has added more than 100 locations in Oklahoma to its portfolio.
The c-store giant announced that it has officially closed on its acquisition of “7 Eleven Stores” of central Oklahoma, which includes more than 100 7 Eleven-branded locations that have been operating independently for 67 years. The acquired stores are all in the greater Oklahoma City metropolitan area.
The acquired stores were not licensees or franchisees of 7-Eleven. They were totally independent though a special arrangement that the owner and 7-Eleven entered into back in 1953. The deal brings the total number of 7 Eleven stores in the U.S. and Canada to more than 9,700.
"These stores have carried the 7-Eleven name for 67 years, and today they officially join the global 7-Eleven family," said Joe DePinto, 7-Eleven president and CEO. "We look forward to meeting the needs of Oklahoma customers and offering them the great products and services available in stores across the country."
Seven & i Holdings Co., the parent company of 7-Eleven, operates more than 70,000 stores in 17 countries globally.