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Apollo Funds to Acquire Cardenas Markets, One of the Largest Hispanic Grocery Chains in the U S from KKR

Apollo Funds to Acquire Cardenas Markets, One of the Largest Hispanic Grocery Chains in the U S from KKR
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United statesLos altosAndrew jhawarAndy jhawarFrank ingraffiaJoanna reissVishal patelDoug sandersWharton garrisonCardenas marketsCredit suisseKirkland ellisWells fargoApollo fundsFresh marketApollo private equity partners

Apollo Funds to Acquire Cardenas Markets, One of the Largest Hispanic Grocery Chains in the U S from KKR

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

United statesLos altosMarisa kutanskyNoah gunnFrank ingraffiaVishal patelAndrew jhawarJulia kosyginaAndy jhawarJoanna reissJoanna roseDoug sandersWharton garrisonGlobal atlantic financial groupCredit suisseGlobal head of corporate communications

Cardenas to merge with Tony s Fresh Market in Apollo acquisition

Hispanic and specialty grocers to form leading multi-ethnic food retailer

United statesLos altosSan bernardinoFrank ingraffiaDomenico gambinoVishal patelAndrew jhawarTony ingraffiaAndy jhawarScott mosesJoanna reissDoug sandersWharton garrisonKirkland ellisApollo global managementCardenas markets

Cardenas acquisition to reshape market

Cardenas Markets, a leading grocery retailer focused on serving the Hispanic community, has been acquired by Apollo Global Management. Upon completion of the transaction, Apollo will combine Tony’s Fresh Market, a Chicago-based portfolio company, with Cardenas Markets, which operates across California, Nevada and Arizona, to create a leading Hispanic- and ethnic-focused grocer. Both companies will continue to operate under their respective brands and local leadership, while benefiting from greater scale, complementary capabilities and an expanded operating footprint.

United statesAndrew jhawarAndy jhawarFrank ingraffiaJoanna reissVishal patelDoug sandersCardenas marketsApollo globalFresh marketSprouts farmers marketResh produceRoduce editorialsRoduce industry newsRoduce marketersRoduce marketing

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