Cardenas Markets Acquires Six Rio Ranch Market Stores in Southern California
June 9, 2022
Cardenas Markets is acquiring six Rio Ranch Market stores located in Chino, Banning, Fontana, Perris, Riverside, and San Bernardino, with the group of stores to be gradually integrated into Cardenas' operations. The transaction is expected to close by mid-July 2022; Rio Ranch Markets founded in 1983 will transition the stores while The Food Partners served as advisor to Rio Ranch Market.
- Buyers
- Cardenas Markets
- Targets
- Rio Ranch Markets
- Sellers
- Rio Ranch Markets
- Industry
- Retail
- Location
- California, United States
- Transaction Type
- Divestiture
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