7-Eleven has completed a transaction with Strasburger Enterprises to acquire 23 convenience store locations in Texas.
Operated primarily under the brand name of Quix, the stores are located across a swath of North and Central Texas from Haslet in Tarrant County in the north to Converse, just east of San Antonio, in the south.
This acquisition brings the number of 7-Eleven operated and franchised stores in Texas to 570.
Robbie Radant, 7-Eleven vice president of mergers and acquisitions, said: “We met our goal of opening more than 600 stores in the US and Canada last year, and are on target to surpass that number in 2012 and reach our goal of 630.”
7-Eleven will start remodelling and rebranding the locations soon, with the bulk of the work anticipated to be completed by the end of 2012.
Terms of the deal were not disclosed.
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