Quik Way will lease 27 of these locations to convenience store operator 7-Eleven, and these stores will be re-branded as 7-Eleven units. All 86 sites, including those leased to 7-Eleven, will continue to sell gasoline under the Shell brand.
This divestment is in line with Motiva’s publicly stated intent to transition company-owned retail assets to wholesale-supplied locations, in an effort to grow the Shell brand in the US and improve the sustainability of the network in the long term.
Paul Stanifer, south region general manager for Motiva, said: With nearly five decades of experience, Quik Way Group has a long history of operational expertise in the retail fuels industry and a reputation for delivering excellent customer service. They will help strengthen and grow the Motiva retail network in the Dallas-Fort Worth area.
