Announced
Completed
Synopsis
Apollo Global-backed Heritage Grocers Group, a specialty, ethnic food retailer that offers an extensive assortment of both traditional and specialty grocery items, completed the acquisition of El Rancho Supermercado, a Texas-based grocer. Financial terms were not disclosed. “The acquisition of El Rancho Supermercado aligns with our growth strategy and will make a great addition to the Heritage Grocers Group portfolio of companies. The team at El Rancho Supermercado has built a strong brand and long-standing relationship with its customers, and by leveraging our collective strengths, El Rancho Supermercado can deliver even greater value to its loyal customers across Texas and Kansas.” Marisa Kutansky, Heritage Grocers Group director of communications.
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