Grupo Comercial Chedraui’s Bodega Latina to acquire Smart & Final for $620m

Grupo Comercial Chedraui’s Bodega Latina to acquire Smart & Final for $620m

Grupo Comercial Chedraui, a Mexican grocery store chain, through its subsidiary Bodega Latina Corporation, has agreed to acquire Smart & Final Holdings for around $620 million. The sellers of the US-based warehouse-style food and supply stores chain are funds managed by affiliates of Apollo Global Management. The consideration includes the assumption of certain indebtedness. Based […]

US Foods wraps up $970m acquisition of Smart Foodservice Warehouse Stores

US Foods wraps up $970m acquisition of Smart Foodservice Warehouse Stores

US Foods has wrapped up its $970 million acquisition of Oregon-based warehouse grocery store chain Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management. The deal excludes the Smart & Final retail grocery business, which was separated previously from Smart Foodservice. Established in 1955 and based in the greater Portland, Smart […]