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7-Eleven International Completes Acquisition of 7-Eleven Australia

  • Written by PR Newswire
7-Eleven International Completes Acquisition of 7-Eleven Australia

7-Eleven International now operates 7-Eleven Australia convenience stores

IRVING, Texas, April 1, 2024 /PRNewswire/ -- 7-Eleven International LLC announced today the successful completion of its acquisition of 7-Eleven Australia convenience stores. The two companies agreed to the A$1.71 billion deal in November 2023. With the closing, 7-Eleven International adds more than 750 stores in Australia to its portfolio.

"We are thrilled to become one team and create stronger synergy with 7-Eleven Australia," said Ken Wakabayashi, President and CEO of 7-Eleven International. "For nearly 50 years, the 7-Eleven Australia team has built the legacy of the brand as a top choice for convenience. Together, we can enhance customer experience in the store."

The companies identified opportunities to transform 7-Eleven Australia's merchandise and fuel offer, expand product assortment and introduce new high-quality fresh foods.

"It is about continuing to grow our store network in Australia and providing unrivalled customer experiences and quality products," said Angus McKay, 7-Eleven Australia CEO and Managing Director. "My team and I are looking forward to taking advantage of 7-Eleven International's deep experience in convenience retailing with the leadership of Executive Chairman, Shin Abe."

With the successful transition of ownership, 7-Eleven International furthers Seven & i Holdings' commitment to global growth and enhancing the 7-Eleven brand.

About 7-Eleven International LLC7-Eleven International LLC is a joint venture of 7-Eleven, Inc. and Seven-Eleven Japan, Co. Ltd., which are owned by the holding company, Seven & i Holdings Co., Ltd. Globally, the 7-Eleven trademark is represented in over 84,000 stores in 20 countries and regions. 7-Eleven International operates or master franchises approximately 48,000 stores in 16 countries and regions. 7-Eleven, Inc. operates, franchises and/or licenses more than 15,000 stores in the U.S., Canada, and Mexico. Seven-Eleven Japan Co. Ltd. operates and franchises more than 21,000 stores in Japan. The iconic brand will celebrate its 100th anniversary in 2027. Read more about the company online at[1]

About Seven & i Holdings Co., Ltd.Seven & i Holdings Co., Ltd., is headquartered in Chiyoda, Tokyo, a Japanese diversified retail holding company listed on the Tokyo Stock Exchange Prime Market (3382). The Seven & i Group has a network of stores in 20 countries and regions with a focus on convenience stores, as well as superstores, specialty stores, and financial services. The Group provides high-quality products and services to customers while "aiming to contribute to local and global communities by providing new experiences and values from the customers' point of view."Read more at[2].

Source: 7-Eleven, Inc.


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