Adds 180 convenience stores to its portfolio.
7-Eleven Inc. has closed on the acquisition of Rockland, Mass.-based Tedeschi Food Shops, adding approximately 180 stores to its existing 150 7-Eleven stores in the greater Boston and southern New Hampshire area.
7-Eleven has made job offers to employees working at the stores and most non-store personnel of Tedeschi Food Shops, formerly owned by the Tedeschi family.
“The Tedeschi Food Shops stores complement our 7-Eleven store operations in the greater Boston area because of their geographical locations, foodservice focus, community-involved franchisees and commitment to serving their neighborhoods,” said Stan Reynolds, 7-Eleven’s chief financial officer and executive vice president.
This acquisition is part of the international convenience retailer’s accelerated growth plan.