7-Eleven continues to expand with two new acquisitions
Dallas -- 7-Eleven Inc. announced two acquisitions that will further expand its U.S. store portfolio.
The company has closed deals with EZ Energy USA Inc. to purchase 67 retail locations in the Cleveland and Pittsburgh markets, and with its licensee, Handee Marts Inc., to acquire 58 7-Eleven convenience stores in those same markets as well as locations in northern West Virginia and western Maryland.
“These two acquisitions provide 7-Eleven with an excellent opportunity to have a strong presence immediately in both the Cleveland and Pittsburgh areas,” said Stan Reynolds, 7-Eleven, Inc.’s executive VP and CFO. “We also are interested in looking at other locations in these markets to further expand our presence there.”
Terms of the deals were not disclosed.