US c-store giant 7-Eleven has made another acquisition, snapping up stores from licencee Prima Marketing.
7-Eleven yesterday (20 August) announced a deal to buy 74 outlets and two land parcels. It said the “bulk” of the stores were in West Virginia.
CFO Stan Reynolds said: “This acquisition fits well with our accelerated growth strategy and gives us an opportunity to expand in the West Virginia market, building on our already strong mid-Atlantic presence.”
At present, the retailer runs and franchises 21 stores in West Virginia, 172 in Pennsylvania and ten in Ohio.
7-Eleven has made a series of acquisitions this year. Last month, it announced a deal to buy the retail and wholesale businesses of Tetco to expand its presence in Utah and Texas.
This year, 7-Eleven has also bought another batch of stores in Texas, as well as in North Carolina and South Carolina.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
![](/wp-content/themes/goodlife-wp-B2B/assets/images/company-profile-unit.png)
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData