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7-Eleven Inc. has orchestrated nearly 10 acquisitions in 10 states in just the past two years, snatching up small and midsize chains across the United States with a consolidator's zeal.
More than one-half of its growth in 2011 was through acquisitions in New York, Florida, Illinois, Colorado and the Northwest. It had announced plans to add at least 630 sites in 2012 alone in the United States and Canada, with buys in Ohio, Pennsylvania, West Virginia and Wisconsin helping it reach that record-breaking target.
At a time when the nation talks about fiscal cliffs and economic retrenchment, the country’s best-known convenience chain is spending generously to feed an acquisition appetite that is peerless.
