Pro's Ranch Markets to be acquired by 2 Calif. retailers in $55M deal

02/11/2014 | Albuquerque Journal (N.M.) (free content)

Cardenas Northgate Group Ranch, which includes Cardenas Markets and Northgate Gonzalez Market, is buying Phoenix-based Pro's Ranch Markets, which filed for Chapter 11 bankruptcy protection last year. The $55 million deal includes 11 stores in Arizona, New Mexico and Texas, as well as Pro's Ranch Markets' headquarters and a distribution center in Phoenix.

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Albuquerque Journal (N.M.) (free content)

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