Pankaj98. 7-Eleven Inc.
Headquarters: Dallas, Texas
Bought By: Seven & I Holdings Co.
Headquarters: Tokyo, Japan
The iconic, ubiquitous convenience store that promises a diverse array of snacks, drinks, and daily essentials at any hour of the day, 7-Eleven, is quintessentially American in the minds of many. Having opened its doors in the 1920s, the brand has seen exponential growth, with stores now spanning the globe.
However, a lesser-known fact to many Americans is that, in 1991, 7-Eleven Inc. was acquired by Seven & I Holdings Co., a Tokyo-based company. The acquisition was valued at $1 billion, placing the world’s largest chain of convenience stores under Japanese ownership.