Chedraui

The US arm of Mexican grocer Chedraui has reached an agreement to acquire the Texan supermarket chain Fiesta Mart. The deal was made through Chedraui’s California-based division Bodega Latina, owner of the El Super chain, and allows Bodega Latina to expand to Texas, where Fiesta Mart operates 63 supermarkets. Commenting on the purchase, Bodega Latina’s president and CEO Carlos Smith said: “The acquisition of Fiesta allows us to meaningfully expand …