7-Eleven International LLC has announced the successful completion of its acquisition of 7-Eleven Australia convenience stores. The two companies had agreed on a deal worth A$1.71 billion in November 2023. With the deal now closed, 7-Eleven International has added over 750 stores in Australia to its portfolio.
“We are thrilled to become one team and create stronger synergy with 7-Eleven Australia,” said Ken Wakabayashi, President and CEO of 7-Eleven International. “For nearly 50 years, the 7-Eleven Australia team has built the legacy of the brand as a top choice for convenience. Together, we can enhance customer experience in the store.”
The companies found opportunities to transform 7-Eleven Australia’s merchandise and fuel offer, expand product assortment, and introduce new high-quality fresh food items.
“It is about continuing to grow our store network in Australia and providing unrivaled customer experiences and quality products,” said Angus McKay, 7-Eleven Australia CEO and Managing Director. “My team and I are looking forward to taking advantage of 7-Eleven International’s deep experience in convenience retailing with the leadership of Executive Chairman, Shin Abe.”
Seven & i Holdings furthers global growth with successful 7-Eleven ownership transition.
