Buy Side Advisor
Kroll's Consumer Investment Banking Practice Advised Superior Grocers on Its Acquisition of Numero Uno Market
On July 12, 2022, Superior Grocers (“Superior”), an independent chain of grocery stores, announced the acquisition of Numero Uno Market (“Numero Uno”).
The Consumer Investment Banking practice of Kroll served as exclusive buy-side M&A advisor to Superior Grocers in connection with the transaction.
About Superior Grocers
Founded in 1981, Superior Grocers is one of the largest independently-owned chains of grocery stores in Southern California. With 47-units, Superior offers consumers the highest quality products at the lowest prices with exceptional customer service. Superior is dedicated to serving the communities in which it operates, offering a full array of complementary services in-store, including utility bill payment processing, water vending machines, ATM’s and coin counting machines. Greenberg Traurig LLP served as legal counsel to Superior Grocers.
About Numero Uno Market
Numero Uno Market, founded in 1982, is a privately held chain of 22 grocery stores serving predominately Hispanic urban communities in the Los Angeles area. Numero Uno is well-known for providing its customers an inviting shopping experience and a variety of fresh produce and meats, tailored to the local communities in which it serves. Duane Morris LLP served as legal counsel to Numero Uno.
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