M&A Deal Summary

Heritage Grocers Group Acquires El Rancho

On June 28, 2023, Heritage Grocers Group acquired food company El Rancho

Acquisition Highlights
  • This is Heritage Grocers Group’s 1st transaction in the Food sector.
  • This is Heritage Grocers Group’s 1st transaction in the United States.
  • This is Heritage Grocers Group’s 1st transaction in Texas.

M&A Deal Summary
Date 2023-06-28
Target El Rancho
Sector Food
Buyer(s) Heritage Grocers Group
Deal Type Add-on Acquisition

Target

El Rancho

Garland, Texas, United States
El Rancho is a Hispanic-focused supermarket chain that offers a wide variety of quality products and fresh produce. El Rancho was founded in 1988 and is based in Garland, Texas.

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Buyer(S) 1

Buyer

Heritage Grocers Group

Ontario, California, United States
Category Company
Sector Retail
DESCRIPTION

Heritage Grocers Group specializes in operating and managing grocery stores that cater to Hispanic and diverse communities. Heritage Grocers Group is based in Ontario, California.

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

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