7-Eleven International operates or master franchises 48,000 stores globally. Credit: 7-Eleven, Inc./PRNewswire.

Convenience retail chain 7-Eleven International has completed the A$1.71bn ($1.11bn) acquisition of its Australian franchise. 

Two sides agreed to the deal in November 2023. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

7-Eleven International has added 750 stores to its Australian portfolio. 

Its president and CEO Ken Wakabayashi stated: “We are thrilled to become one team and create stronger synergy with 7-Eleven Australia. For nearly 50 years, the 7-Eleven Australia team has built the legacy of the brand as a top choice for convenience. Together, we can enhance customer experience in the store.” 

The acquisition presents opportunities for transformation within 7-Eleven Australia, including improvements to merchandise and fuel offerings. 

The retailer can also expand product assortments and introduce new high-quality fresh foods.  

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

7-Eleven Australia CEO and managing director Angus McKay said: “It is about continuing to grow our store network in Australia and providing unrivalled customer experiences and quality products.  

“My team and I are looking forward to taking advantage of 7-Eleven International’s deep experience in convenience retailing with the leadership of executive chairman Shin Abe.” 

7-Eleven International is a joint venture between 7-Eleven and Seven-Eleven Japan, both owned by Seven & i Holdings. 

The acquisition of the Australian franchise enhances Seven & i Holdings’ commitment to global growth and to promote the 7-Eleven brand. 

7-Eleven International operates or master franchises 48,000 stores in 16 countries and regions.  

In November 2023, 7-Eleven Canada purchased assets of food distributor Wallace & Carey for an undisclosed amount.