7-Eleven® Acquires 204 Stripes Stores; Joe DePinto Details


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Fri. January 12th, 2024 - by Anne Allen

IRVING, TX - A recent C-store acquisition is sparking continued growth for 7-Eleven®, which recently entered an agreement to acquire 204 stores from Sunoco LP. The deal includes Stripes® convenience stores and Laredo Taco Company® restaurants.

Joe DePinto, Chief Executive Officer, 7-Eleven
Joe DePinto, Chief Executive Officer, 7-Eleven®

"Stripes and Laredo Taco Company have been a great addition to our family of brands since they initially joined us back in 2018," said Joe DePinto, Chief Executive Officer of 7-Eleven. "We're excited to welcome the remaining Stripes stores and Laredo Taco Company Restaurants to the family, and we look forward to serving even more customers across West Texas, New Mexico, and Oklahoma."

These stores—located across West Texas, New Mexico, and Oklahoma—will join the over 13,000 7-Eleven, Speedway®, and Stripes locations that 7-Eleven operates, franchises, and/or licenses across the United States and Canada, a press release explained.

7-Eleven® recently entered an agreement to acquire 204 stores from Sunoco LP, which includes Stripes® convenience stores and Laredo Taco Company® restaurants

With the addition of these stores, 7-Eleven will own and operate all Stripes and Laredo Taco Company locations across the U.S.

The transaction will close promptly after satisfaction of customary closing conditions, including necessary regulatory clearance.

ANUK will continue to report as more updates come to light.