DALLAS — 7-Eleven here said it has agreed to acquire ExxonMobil's retail interests in 183 sites in Florida, expanding its presence in the central and southern areas of the state.
The transaction is anticipated to close early in 2011, subject to standard closing conditions and regulatory approvals. Terms of the deal were not disclosed.
Included in the acquisition is a combination of company- and dealer-operated sites located in Orlando, southwest Florida, Palm Beach and Broward County, including five unused parcels of land. 7-Eleven said it rebrand the majority of the stores under its 7-Eleven brand, and all will retain Mobil gasoline. Currently, 7-Eleven operates and franchises 610 stores in Florida.
