7-Eleven is expanding its holdings in Oklahoma. The convenience store giant has entered into an agreement to acquire “7 Eleven Stores” of central Oklahoma, which includes more than 100 7-Eleven-branded locations that have been operating independently for 67 years. The transaction is anticipated to close in 60-90 days, subject to standard closing conditions and regulatory approvals.
“Oklahoma has a growing economy, and this acquisition provides a great opportunity for us to expand regionally,” said 7-Eleven president and CEO Joe DePinto.
All of the stores being acquired are located in the greater Oklahoma City metropolitan area. The acquisition will bring the total number of 7-Eleven stores in the U.S. and Canada to more than 9,700. Seven & i Holdings Co., the parent company of 7 Eleven, Inc., operates almost 70,000 stores in 17 countries globally.
