ALBUQUERQUE, N.M. — Alon Brands has acquired 14 convenience stores in Albuquerque, N.M., from Roberts Oil Co.
Alon Brands will convert all 14 locations to 7-Elevens, bringing the total number of 7-Eleven stores in the Albuquerque market to 38, according to a report by Albuquerque Business First. The conversion will take place over the next 90 days.
The company will continue to employ all Roberts Oil team members, including store associates and managers. The deal will create additional jobs.
Based in Dallas, Alon Brands markets Alon motor fuel products at more than 800 locations and is the largest 7-Eleven licensee in North America, with nearly 300 7-Eleven branded convenience stores in New Mexico and Texas.
Watch for details on CSPnet.com and in CSP Daily News.