Divestiture • Retail

7-Eleven Acquires CB Mart - 46 Hickory Point and Palms Stores

On April 9, 2013, 7-Eleven acquired retailer CB Mart - 46 Hickory Point and Palms Stores from CB Mart

Acquisition Context
  • This is 7-Eleven’s 12th transaction in the Retail sector.
  • This is 7-Eleven’s 13th transaction in the United States.
  • This is 7-Eleven’s 1st transaction in South Carolina.

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M&A Deal Summary

Date April 9, 2013
Target CB Mart - 46 Hickory Point and Palms Stores
Sector Retail
Buyer(s) 7-Eleven
Sellers(s) CB Mart
Deal Type Divestiture

Target Company

CB Mart - 46 Hickory Point and Palms Stores

South Carolina, United States
CB Mart - 46 Hickory Point and Palms Stores comprises 46 Hickory Point and Palms Stores brand convenience store locations. The stores are located in South Carolina.
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Buyer Overview 1

Buyer

7-Eleven

Dallas, Texas, United States

Category Company
Founded 1927
Sector Franchising
DESCRIPTION

7-Eleven, Inc. operates, franchises, and licenses a chain of convenience stores in the United States and Canada.


Deal Context for Buyer #
Overall 13 of 20
Sector: Retail 12 of 18
Type: Divestiture 8 of 12
State: South Carolina 1 of 1
Country: United States 13 of 18
Year: 2013 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-04 C. L. Thomas - 143 Retail Stores

San Antonio, Texas, United States

C. L. Thomas - 143 Retail Stores comprises 143 store of Speedy Stop gasoline convenience stores and Tigermarket convenience stores.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-19 Tedeschi Food - 182 Convenience Stores

United States

Tedeschi Food - 182 Convenience Stores comprises 182 convenience stores and are located in the United States.

Buy -

Seller Profile 1

SELLER

CB Mart

Belton, South Carolina, United States

Category Company
Founded 1987
Sector Retail
DESCRIPTION

CB Mart Inc. owns and operates a chain of fuel and convenience stores in the United States.


Deal Context for Seller #
Overall 1 of 1
Sector: Retail 1 of 1
Type: Divestiture 1 of 1
State: South Carolina 1 of 1
Country: United States 1 of 1
Year: 2013 1 of 1