Following Speedway acquisition, 7-Eleven to sell 293 stores
7-Eleven, Inc. has signed definitive agreements to sell 293 Speedway and 7-Eleven stores in the United States to three separate buyers. This follows the completion of 7-Eleven’s acquisition of Speedway from Marathon Petroleum Corp. on May 14, 2021.
Based in Irving, Texas, 7โEleven operates, franchises and/or licenses nearly 77,000 stores in 16 countries and regions, including nearly 16,000 in North America.
On March 15, 2021, 7-Eleven signed a definitive agreement to sell 124 Speedway and 7-Eleven sites in the Midwest, Northeast, Florida and Utah in the to Anabi Oil, a family-owned and operated business based in Upland, California.
On March 17, 2021, 7-Eleven signed a definitive agreement to sell 63 Speedway sites in California, Arizona and Nevada to Jacksons Food Stores, a nationally recognized chain based in Meridian, Idaho.
On April 28, 2021 7-Eleven signed a definitive agreement to sell 106 Speedway and 7-Eleven sites located in the Mid-Atlantic and Northeast to CrossAmerica Partners LP, a publicly traded limited partnership headquartered in Allentown, Pennsylvania.