It is with great pleasure to inform you that Heritage Grocers Group (Heritage) has recently completed the successful acquisition of Texas-based El Rancho Supermercado (El Rancho). This acquisition is in alignment with our growth strategy and demonstrates that Heritage remains poised for continued growth and success.
Apollo today announced that funds managed by its affiliates have agreed to acquire Cardenas Markets, a leading grocery retailer focused on serving the Hispanic community, from investment funds affiliated with KKR, a leading global investment firm.
Rio Ranch Market will gradually be integrated into Cardenas Markets’ operations while continuing to offer the best shopping experience to the communities where they operate.
Cardenas Markets is pleased to announce it has expanded its partnership with Uber Technologies, Inc. to now offer on-demand and scheduled grocery delivery across all the company's 59 locations.