In a transaction consisting of 94 controlled real estate locations, seven contracts that are fuel supply only and some related assets, reported the article, 7-Eleven and its wholly owned subsidiary SEI Fuel Services Inc.
“7-Eleven … believes that Florida represents a growing market, and that the acquisition of the assets from these companies supports 7-Eleven’s desire to grow in the fuels and convenience business in Florida,” said Margaret Chabris, director of corporate communications, in the article.
The convenience store chain purchased Biscayne Petroleum LLC and Everglades Petroleum LLC, staking its claim in the growing Florida market, stated the article.
