El Super acquires Fiesta Mart in major expansion into Hispanic grocery market. A grocer with a sizable presence in Phoenix is acquiring the Houston-based Fiesta Mart chain to create what’s being billed as one of the largest Hispanic-focused supermarket companies in the U.S.
In 2004, Fiesta Mart was acquired by Grocers Supply, a family owned Houston-based wholesale groceries distributor. On July 23, 2008 Fiesta Mart acquired eleven Carnival Brand stores from Minyard Food Stores. In 2015 the Levit family, the owners of Grocers Supply, sold Fiesta to Acon Investments, a company based in Washington, DC.
In 2004, Fiesta Mart was acquired by Grocers Supply, a wholesale groceries distributor. In 2015, the grocer was acquired by Acon Investments, a Washington, D.C.-based private equity firm.
In 2015 the Levit family, the owners of Grocers Supply, sold Fiesta to Acon Investments, a company based in Washington, DC. California-based Bodega Latina and its Mexican parent company Chedraui acquired Fiesta Mart from Acon in April 2018.
Who is Fiesta Mart owned by?
Texas’ largest Hispanic grocer, Fiesta Mart, is being acquired by the operator of El Super stores in California and other states to form a company with $3 billion in annual sales.
Is Fiesta owned by HEB?
Fiesta Mart Company History Timeline In 1972, Donald Bonham and O.C. Mendenhall started Fiesta; neither of the men had Hispanic ethnic backgrounds. By 1989 the stores also featured items catering to African Americans and Thai Americans. In 1994, Fiesta acquired four locations sold by Appletree Markets.
What does Bodega Latina own?
Bodega Latina first entered the U.S. grocery market in 1997 with a store in South Gate, California. It now operates 64 El Super stores, including three El Super Fresh stores, across five states along with 59 stores in Texas under the Fiesta Mart brand, which it acquired in 2018.
What stores does Bodega Latina own?
-based Bodega Latina operates 61 El Super grocery stores, three El Super Fresh stores and 59 Fiesta Mart stores in California, Arizona, Nevada, New Mexico and Texas.
Who owns El Super grocery store?
El Super is part of Chedraui USA, Inc which operates 123 stores under the El Super Markets and Fiesta Mart banners. Chedraui USA, Inc is a subsidiary of Grupo Commercial Chedraui, the third-largest retailer in Mexico. In June of 1997, El Super opened its first store in South Gate, California.
Who is the CEO of El Super?
El Super is a private company that has been in the industry for 25 years. The company currently specializes in the Retail, Department Stores, General Merchandise areas. The position of the CEO is occupied by Carlos A Smith.
Who is the owner of El Super supermarket?
El Super is part of Chedraui USA, Inc which operates 123 stores under the El Super Markets and Fiesta Mart banners. Chedraui USA, Inc is a subsidiary of Grupo Commercial Chedraui, the third-largest retailer in Mexico. In June of 1997, El Super opened its first store in South Gate, California.
How many Bodega Latina stores are there?
Bodega Latina first entered the U.S. grocery market in 1997 with a store in South Gate, California. It now operates 64 El Super stores, including three El Super Fresh stores, across five states along with 59 stores in Texas under the Fiesta Mart brand, which it acquired in 2018.
When did Bodega Latina acquire Smart and Final?
Business clients can complete online orders and apply for tax exemptions. On May 24, 2021, Mexican supermarket operator Chedraui (via its California-based Bodega Latina subsidiary) announced it intent to acquire Smart and Final from Apollo.
Who is the owner of El Super market?
El Super is part of Chedraui USA, Inc which operates 123 stores under the El Super Markets and Fiesta Mart banners. Chedraui USA, Inc is a subsidiary of Grupo Commercial Chedraui, the third-largest retailer in Mexico. In June of 1997, El Super opened its first store in South Gate, California.
What does Bodega Latina owned?
-based Bodega Latina operates 61 El Super grocery stores, three El Super Fresh stores and 59 Fiesta Mart stores in California, Arizona, Nevada, New Mexico and Texas.
Is El Super Latino owned?
El Super is owned by the Bodega Latina Corporation, a subsidiary of Grupo Comercial Chedraui.
More Answers On Who Bought Fiesta Mart
Fiesta Mart – Wikipedia
On July 23, 2008 Fiesta Mart acquired eleven Carnival Brand stores from Minyard Food Stores. In 2015 the Levit family, the owners of Grocers Supply, sold Fiesta to Acon Investments, a company based in Washington, DC. California-based Bodega Latina and its Mexican parent company Chedraui acquired Fiesta Mart from Acon in April 2018. Headquarters and locations. The headquarters is on Westheimer Road.
Houston-based Fiesta Mart to be acquired by El Super grocery chain
In 2015, the grocer was acquired by Acon Investments, a Washington, D.C.-based private equity firm. Acon’s founding partner Ken Brotman said the Fiesta Mart sale will likely close in 30 to 45 …
Purchase of Texas-based Fiesta Mart to form giant of Hispanic food stores
Mar 26, 201810:15 AM on Mar 26, 2018 CDT. Texas’ largest Hispanic grocer, Fiesta Mart, is being acquired by the operator of El Super stores in California and other states to form a company with $3 billion in…
Fiesta Mart sold to Chedraui’s Bodega Latina, creating major Hispanic …
Paramount, California-based Bodega Latina Corp., a subsidiary of Mexico-based Grupo Comercial Chedraui S.A.B. DE C.V. that operates the El Super grocery chain, has agreed to acquire Fiesta Mart …
El Super Acquires Fiesta Mart, Becomes One of the Largest Hispanic …
Fiesta Mart, the largest Hispanic grocer in Texas, is being acquired by Bodega Latina Corp ., the operator of El Super stores. Together, they will form a company with US $3 billion in annual sales. Bodega Latina Corp. is a U.S. subsidiary of Mexico’s Grupo Comercial Chedraui, which had 179 stores in Mexico and 59 in the U.S. by the end of 2017.
El Super Owner, Paramount-Based Bodega Latina Corp., To Acquire Fiesta Mart
Bodega Latina Corp., a Paramount-based subsidiary of Mexican supermarket giant Grupo Comercial Chedraui, has agreed to acquire Fiesta Mart of Texas to create one of the largest Latino markets in …
Fiesta Mart to be Acquired by Mexican Retailer – Progressive Grocer
Houston-based Fiesta, a portfolio company of private equity firm Acon Investments LLC, operates 63 Hispanic-themed stores mainly in the Dallas and Houston areas. The deal will create one of the largest Hispanic-focused supermarket companies in the United States, with a total of 122 stores in California, Arizona, Nevada, New Mexico and Texas and revenues of about $3 billion, according to the entities involved.
GROCERS SUPPLY TO ACQUIRE FIESTA MART; EXPANSION SEEN – Supermarket News
Houston-based Fiesta Mart, which operates 50 stores in Houston, Dallas and Waco, had 2003 sales estimated at $1.1 billion. Both companies are privately held; Fiesta is owned in part by its employees.
About us | Fiestamart
Our Story. Fiesta Mart is part of Chedraui USA, Inc and has proudly served the Texas community since 1972. Today, Fiesta Mart operates over 60 stores throughout the Lone Star State- in Dallas, Fort Worth, Houston and Austin. By setting the standard with specialty products from all over the world, Fiesta Mart has all your needs for your family and …
Fiesta Mart
At Fiesta Mart we relentlessly strive to be the retailer of choice for the communities we serve by celebrating food and delivering the lowest possible prices. En Fiesta Mart nos esforzamos incansablemente por ser la tienda preferida de las comunidades a las que servimos.
Mexico’s Chedraui buys Fiesta Mart to grow U.S. Latino sales
MEXICO CITY (Reuters) – Mexican grocer Chedraui, a powerhouse in the fast-growing Latino market in the United States, said on Sunday it had bought smaller U.S. grocery store chain Fiesta Marts for…
Grocery icon Fiesta has new owners – Houston Chronicle
While the Levits had owned Grocers Supply for more than 90 years, the family bought Fiesta in 2004. The grocery chain was founded by Donald Bonham and O.C. Mendenhall in 1972.
Smart & Final acquired by Fiesta, El Super parent for $620MM
May 14, 2021In 2018, BLC completed the acquisition of Fiesta Mart, a Texas-based food retailer with an emphasis on the Hispanic Segment. Headquartered in Paramount, California, BLC is focused on offering the communities it serves quality products at the lowest possible prices in clean, modern stores.
Fiesta Mart Mergers and Acquisitions Summary | Mergr
Fiesta Mart has acquired 1 company of its own. Fiesta Mart has acquired in 1 US state. The Company’s most targeted sectors include retail (100%). Join Mergr and gain access to Fiesta Mart’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the retail sector.
Fiesta Mart Acquired to Create a Giant Hispanic-Focused Grocery Chain
posted April 4, 2018. H oping to revitalize a well-known-in-Texas grocery store, the Bodega Latina Corporation, which operates grocery stores as El Super, has acquired the Houston-based Fiesta Mart. The purchase creates the largest Hispanic-focused supermarket chain in the country.
Houston-based Fiesta Mart to be bought by El Super grocer
The Houston Chronicle reports the deal could be worth as much as $300 million. El Super is owned by the Bodega Latina Corporation, a subsidiary of Grupo Comercial Chedraui. Fiesta Mart is operated …
Houston-based Fiesta Mart to be bought by El Super grocer
Fiesta Mart is operated by ACON Investments, operating 63 stores mainly in the Houston, Dallas and Austin areas. The deal is expected to close in the second quarter. Fiesta Mart stores will retain …
Mexico’s Grupo Comercial Chedraui will acquire Fiesta Mart
Mexico’s Grupo Comercial Chedraui announced it will acquire Texas-based Fiesta Mart and its 63 stores to create one of the U.S.’s largest Hispanic grocery chains, according to a news release. Chedraui’s Bodega Latina unit, which currently operates 59 El Super stores in California, Arizona, Nevada, New Mexico and Texas, will oversee the new stores.
Fiesta Mart Company Profile: Acquisition & Investors | PitchBook
Operator of a chain of supermarkets intended to retail dry grocery and perishable products. The company’s grocery stores blend a wide selection of products like meats, fresh produce and dairy products, beer and fine wines and specialty products through a fun, authentic Fiesta-style atmosphere to bring its customers a unique grocery shopping …
Houston’s Fiesta Mart sold to Bodega Latina, owner of El Super grocery …
The deal values Fiesta Mart at as much as $300 million, including debt, per the Wall Street Journal, and comes almost exactly three years after a private equity firm bought the chain. The combined …
ACON Investments Acquires Fiesta – PR Newswire
Fiesta Mart, L.L.C. is a Texas-based international food retailer with an emphasis on the Hispanic market. Fiesta was co-founded by Donald Bonham and O.C. Mendenhall in Houston in 1972.
Mexico’s Grupo Comercial Chedraui to buy Fiesta Mart
Mexican grocer Grupo Comercial Chedraui has bought Fiesta Marts, a Texas-based supermarket chain, for an undisclosed sum. Chedraui’s California-based division, Bodega Latina Corp., has said that it is going to buy Fiesta Mart and all of its 63 stores in a supermarket tie-up that will create one of the largest Hispanic-focused grocery chains in the US.
Fiesta Mart Acquired by Bodega Latina Parent Grupo Comercial Chedraui
PARAMOUNT, CA – Mexican supermarket giant Grupo Comercial Chedraui—parent of U.S.-based Bodega Latina Corporation—has announced plans to acquire Texas Hispanic grocery chain Fiesta Mart—an acquisition that would create one of the largest Hispanic-focused supermarket companies in the U.S., operating a total of 122 stores across California, Arizona, Nevada, New Mexico, and Texas, and …
Fiesta Mart LLC – Company Profile and News – Bloomberg Markets
Company profile page for Fiesta Mart LLC including stock price, company news, press releases, executives, board members, and contact information
Wholesaler Grocers bags Houston’s Fiesta Mart – Chron
Joe Levit left the retail grocery business in 1923. Today, his heirs will be back in it. The Levit family-owned grocery wholesaler Grocers Supply Co. announced today the acquisition of Fiesta Mart …
Fiesta Mart, L.L.C. Company Profile | Houston, TX – Dun & Bradstreet
Company Description: Fiesta Mart celebrates food every day of the year. The company operates about 60 stores across Texas that sell ethnic and conventional groceries, including items popular with its target customers: Mexican- and Asian-Americans. Its stores are located mainly in the Houston area, but Fiesta also has been adding stores in the …
Fiesta Mart, L.L.C. Company Profile | Houston, TX | Competitors …
Find company research, competitor information, contact details & financial data for Fiesta Mart, L.L.C. of Houston, TX. Get the latest business insights from Dun & Bradstreet.
Fiesta Mart a party of one no longer: Wal-Mart, others target Hispanic …
Oct 21, 2016In 2016, the foreign-born D-FW Hispanic shopper has shifted preferences from Fiesta Mart, which was the No. 1 choice in 2011, to Wal-Mart and other chains including Garland-based El Rancho.
El Super Acquires Fiesta Mart, Becomes One of the Largest Hispanic …
Fiesta Mart, the largest Hispanic grocer in Texas, is being acquired by Bodega Latina Corp ., the operator of El Super stores. Together, they will form a company with US $3 billion in annual sales. Bodega Latina Corp. is a U.S. subsidiary of Mexico’s Grupo Comercial Chedraui, which had 179 stores in Mexico and 59 in the U.S. by the end of 2017.
Texas-Based Fiesta Mart To Be Bought By El Super – CBS DFW
Houston-based Fiesta Mart is operated by ACON Investments, operating 63 stores mainly in the Houston, but with more than a dozen locations in North Texas and some in the Austin area. The deal is …
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