7-Eleven, Inc. And SEI Fuel Services, Inc. Acquire 101 Gasoline Supply Locations In Florida
DALLAS, Nov. 9, 2015 /PRNewswire/ -- 7‑Eleven, Inc. and its wholly-owned subsidiary, SEI Fuel Services, Inc. (SEI Fuels), announced today it has added 101 gasoline locations in Florida from Biscayne Petroleum, LLC and Everglades Petroleum, LLC. The acquisition consists of 94 controlled real estate locations, seven fuel-supply-only contracts and some related assets.
These operations are primarily in the counties of Miami, Dade, Palm Beach and Broward with a few locations in the city of Naples. The gasoline stations will continue to sell Mobil-branded fuel, and a number of these outlets are currently being considered for rebranding as 7-Eleven convenience stores.
SEI Fuels entered the wholesale fuel business in the fourth quarter of 2012 when 7‑Eleven and SEI Fuels acquired the assets of TETCO, INC. and its affiliates, which ran a Texas-based fuel distribution and convenience retailing business.
About 7‑Eleven, Inc.
7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7 Eleven operates, franchises or licenses some 10,700 7 Eleven® stores in North America. Globally, there are nearly 57,400 7 Eleven stores in 17 countries. 7 Eleven is franchising its stores in the U.S. and expanding through organic growth, acquisitions and its Business Conversion Program. Find out more online at www.7-Eleven.com.
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SOURCE 7-Eleven, Inc.
Source: PR Newswire
(November 9, 2015 - 5:51 PM EST)
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