DALLAS -- SEI Fuel Services Inc. has announced the purchase of the dealer fuel supply business of LavigneBaker Petroleum LLC, in and around New Orleans. The transaction closed July 16.
SEI Fuel 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-store retailing business.
Since 2012, SEI Fuel has purchased four other wholesale businesses and now sells more than 600 million gallons of fuel annually to open dealers. With this transaction, SEI Fuel has entered the New Orleans area market as the largest Shell-branded distributor, supplying approximately 60 branded locations.
SEI Fuel, Dallas, provides fuel distribution services for convenience stores, commercial businesses and businesses that provide fuel to their own fleets, and to bulk plants. SEI Fuel offers brands that include BP, Chevron, CITGO, Conoco, Exxon, Gulf, Marathon, Mobil, Mutual, Phillips 66, RAM, Shell, Sunoco, Texaco and Valero, as well as unbranded fuel.
Dallas-based 7-Eleven operates, franchises or licenses nearly 10,500 7-Eleven convenience stores in North America. Globally, there are more than 56,200 7-Eleven c-stores in 16 countries. During 2014, 7-Eleven stores generated total worldwide sales of more than $87.5 billion.
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