7-Eleven expands New England presence
December 16, 2009
DALLAS — 7-Eleven, Inc. is expanding its presence in New England with the acquisition of New England Pantry, a company that operates 58 convenience stores under the White Hen Pantry brand, from the affiliates of the Sanders Morris Harris Group, Inc.
“The acquisition of New England Pantry by 7-Eleven will provide our customers, franchisees and employees with additional opportunities by joining the leading convenience retailer’s store network,” said Andy Brothers, who has been the New England White Hen Pantry stores chief executive officer. “Franchises will be able to capitalize on 7-Eleven’s brand strength, extended line-up of proprietary and private label products and proven business system.”
Financial terms of the acquisition were not released. The company anticipates stores operating under the White Hen Pantry brand will begin converting to the 7-Eleven brand in 2010.