Bodega Latina -- a subsidiary of Grupo Comercial Chedraui (GCC) -- has agreed to acquire grocery chain Smart & Final from funds managed by Apollo Global Management for approximately $620 million. Smart & Final is celebrating its 150th anniversary this year. The small-format warehouse chain operates more than 250 stores under two banners: Smart &
Bodega Latina -- a subsidiary of Grupo Comercial Chedraui (GCC) -- has agreed to acquire grocery chain Smart & Final from funds managed by Apollo Global Management for approximately $620 million. Smart & Final is celebrating its 150th anniversary this year. The small-format warehouse chain operates more than 250 stores under two banners: Smart &
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