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  • ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Innovation & Insight Reports
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
    • Household Care
    • Health & Beauty
    • Pet Care
    • Tobacco
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    • Global News
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    • Magazine
  • EVENTS
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Marathon Petroleum

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1 MIN READ

USA: 7-Eleven to acquire convenience store chain Speedway for $21 billion

August 12, 2020
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Mergers & Acquisitions, North America, Retail

US retailer 7-Eleven has announced the acquisition of 3,900 Speedway stores from Marathon Petroleum Corp for $21 billion. Located in 35 states across the US, Speedway is one of the biggest convenience and petrol station retailers in the country, with approximately 40,000 employees. With the acquisition, 7-Eleven will increase its store network to 14,000 across the United States and Canada. Joe DePinto, president and CEO of 7‑Eleven, said: “This acquisition …

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