7-Eleven completes acquisition of 204 Stripes convenience stores

7-Eleven, Inc. announced the successful completion of its acquisition of 204 stores from Sunoco LP, which includes Stripes convenience stores and Laredo Taco Company restaurants.

Located across West Texas, New Mexico and Oklahoma, these stores join the more than 13,000 7-Eleven, Speedway and Stripes locations that 7-Eleven operates, franchises and/or licenses across the U.S. and Canada.

With the closing, 7-Eleven now owns and operates all Stripes and Laredo Taco Company locations across the U.S.

READ:  Seven & i Holdings looking to grow its North American convenience business

"Stripes and Laredo Taco Company have been a great addition to our family of brands since they first joined us back in 2018. That deal provided us a valuable brand to grow our restaurant offering," said Joe DePinto, CEO of 7-Eleven. "We're excited to welcome the remaining Stripes stores and Laredo Taco Company restaurants to the family, and we look forward to serving customers across West Texas, New Mexico and Oklahoma."