7-Eleven Completes Transaction With Strasburger Enterprises, Acquires 23 Stores Across Texas

Sacramento Bee:

7-Eleven, Inc. has completed a transaction with Strasburger Enterprises, Inc. to acquire 23 convenience store locations in Texas, the company announced today. Terms of the deal were not disclosed.

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, Inc. operated and franchised stores in Texas to 570.

“7-Eleven is continuing its accelerated growth, and this acquisition helps us meet the ambitious goals we have set,” said Robbie Radant, 7-Eleven vice president of mergers and acquisitions. “We met our goal of opening more than 600 stores in the U.S. and Canada last year, and are on target to surpass that number in 2012 and reach our goal of 630.”

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