M&A Deal Summary

7-Eleven Acquires Imperial Oil - 148 Convenience & Fuel Retail Stations

On March 9, 2016, 7-Eleven acquired retailer Imperial Oil - 148 Convenience & Fuel Retail Stations from Imperial Oil

Acquisition Highlights
  • This is 7-Eleven’s 16th transaction in the Retail sector.
  • This is 7-Eleven’s 1st transaction in Canada.
  • This is 7-Eleven’s 1st transaction in Alberta.

M&A Deal Summary
Date 2016-03-09
Target Imperial Oil - 148 Convenience & Fuel Retail Stations
Sector Retail
Buyer(s) 7-Eleven
Sellers(s) Imperial Oil
Deal Type Divestiture

Target

Imperial Oil - 148 Convenience & Fuel Retail Stations

Calgary, Alberta, Canada
Imperial Oil - 148 Convenience & Fuel Retail Stations comprises convenience and fuel retail stations are located in Canada.

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Buyer(S) 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 STATS #
Overall 17 of 20
Sector (Retail) 16 of 18
Type (Divestiture) 10 of 12
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-10 Biscayne Petroleum

Miami, Florida, United States

Biscayne Petroleum, LLC owns and operates gasoline retail convenience stores.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-06 Sunoco - Convenience Stores

Houston, Texas, United States

Sunoco's convenience stores consist of 1,110 convenience stores in 19 geographic regions primarily along the East Coast US and in Texas. Also included in the sale are the associated trademarks and intellectual property of the Laredo Taco Company and Stripes.

Buy $3.3B

Seller(S) 1

SELLER

Imperial Oil

Calgary, Alberta, Canada
Category Company
Founded 1880
Sector Oil/Gas Exploration
Employees5,300
Revenue 48.3B CAD (2023)
DESCRIPTION

Imperial Oil is an integrated oil company. The Company is engaged in the exploration for, and production and sale of, crude oil and natural gas. Imperial Oil Limited is a subsidiary of Exxon Mobil Corporation. Imperial Oil was founded in 1880 and is based in Calgary, Canada.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 1
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