El Super to buy Fiesta Mart

Bodega Latina Corp, which does business as “El Super,” has agreed to acquire Fiesta Mart LLC. ACON Investments LLC is the seller. Financial terms weren’t announced. Bodega Latina is a subsidiary of Grupo Comercial Chedraui SAB DE CV. Fiesta Mart, of Texas, is a food retailer with an emphasis on the Hispanic segment operating 63 stores primarily in the Dallas and Houston areas. RBC Capital Markets LLC provided financial advice while Sidley Austin served as legal adviser to Bodega Latina. The Food Partners LLC served as financial adviser and Hogan Lovells US LLP was the attorney to Fiesta.

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