7-Eleven, Inc. has announced the acquisition of New England Pantry, a company that operates 58 convenience stores under the White Hen Pantry brand, from affiliates of Sanders Morris Harris Group Inc., a Houston-based wealth management firm. Financial terms of the transaction were not disclosed. The acquisition significantly expands 7-Elevenâ€™s presence in the greater Boston area, bringing the number of outlets 7-Eleven operates and franchises to more than 170.
â€œThis acquisition significantly strengthens our convenience offering in greater Boston,â€ said Bob Cozens, vice president for 7-Elevenâ€™s Northeast Division. â€œWhite Hen Pantry has a 40-year history of providing good customer service and high-quality products to consumers in the Boston area and we want to continue that tradition.â€
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