7-Eleven Acquires 204 Stripes Stores and Laredo Taco Company Locations from Sunoco LP
April 17, 2024
7-Eleven, Inc. has completed the acquisition of 204 Stripes convenience stores and associated Laredo Taco Company restaurant locations from Sunoco LP in a deal valued at roughly $1 billion. The transaction expands 7-Eleven's U.S. footprint and brings the Stripes and Laredo Taco Company brands under the 7-Eleven corporate family.
- Buyers
- 7-Eleven, Inc.
- Targets
- Stripes Convenience Stores, Laredo Taco Company
- Sellers
- Sunoco LP
- Industry
- Retail
- Location
- Texas, United States
- Transaction Type
- Divestiture
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