DALLAS, July 24, 2015 /PRNewswire/ -- SEI Fuel Services, Inc. (SEI Fuels) is pleased to announce the purchase of the dealer fuel supply business of LavigneBaker Petroleum, LLC, in and around New Orleans, LA. The transaction closed July 16th.
SEI Fuels entered the wholesale fuel business in 2012 when it and its parent company, 7-Eleven, Inc., acquired the assets of TETCO, INC. and its affiliates, which ran a Texas-based fuel distribution and convenience retailing business. Since 2012 SEI Fuels has purchased four other wholesale businesses and now sells more than 600 million gallons of fuel annually to open dealers. With this transaction SEI Fuels has entered the New Orleans area market as the largest Shell-branded distributor, supplying approximately 60 branded locations.
About 7-Eleven, Inc.
7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises or licenses nearly 10,500 7-Eleven® stores in North America. Globally, there are more than 56,200 7-Eleven stores in 16 countries. 7-Eleven has been honored by a number of companies and organizations recently. Accolades include: #1 on Entrepreneur magazine's 2014 Top Global Franchise list; #2 on Franchise Times Top 200 Franchise Companies for 2013; #10 spot on Entrepreneur magazine's Franchise 500 list for 2015, and #3 in Forbes magazine's Top 20 Franchises to Start. 7-Eleven is No. 3 on Fast Company magazine's 2013 list of the "World's Top 10 Most Innovative Companies in Retail." 7-Eleven places among Top Veteran-Friendly Companies for 2014 by U.S. Veterans Magazine and is among GI Jobs magazine's Top 100 Military Friendly Employers for 2014. Hispanic Magazine named 7-Eleven among its Hispanic Corporate Top 100 Companies that provide the most opportunities to Hispanics. 7-Eleven is franchising its stores in the U.S. and expanding through organic growth, acquisitions and its Business Conversion Program. Find out more online at www.7-Eleven.com.
SOURCE 7-Eleven, Inc.