Nearly 150 more 7-Eleven convenience stores will be popping up in B.C. and Alberta.
7-Eleven Canada, Inc. got its hands on approximately 148 convenience and fuel retail sites from Imperial Oil of Canada, and the locations will be remodeled and stocked to become new stores.
"The acquisition of these prime locations will increase our presence in western Canada and build on 7-Eleven's already strong brand recognition in the country," said Stan Reynolds, 7-Eleven executive vice president, chief administrative officer and chief financial officer.
"This acquisition is an important step in continuing the company's growth as the world's largest convenience retailer."
The transaction, which is supposed to close later this year, will see 7-Eleven continue to market Esso-branded fuel supplied by Imperial.
Most of the locations are in Vancouver, Calgary, and Edmonton.
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