SEI Fuels will now supply Shell-branded fuel to approximately 60 branded locations in and around New Orleans.
A transaction closed July 16 in which SEI Fuel Services, Inc. purchased the dealer fuel supply business of LavigneBaker Petroleum, LLC, in and around New Orleans.
SEI Fuels 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 retailing business. Since 2012 SEI Fuels has purchased four other wholesale businesses and now sells more than 600 million gallons of fuel annually to open dealers. With this transaction SEI Fuels has entered the New Orleans area market as the largest Shell-branded distributor, supplying approximately 60 branded locations.