KKR buys California-based Cardenas Markets and Mi Pueblo

New York City-based investment firm KKR has acquired 33-store Ontario, Calif.-based Hispanic grocer Cardenas Markets, for an undisclosed amount. KKR has also teamed with Chicago’s Victory Park Capital to buy Mi Pueblo, a Southern California grocery chain that also caters to Hispanic shoppers. Read The Press-Enterprise story here

Industry News

Vendor News

Norco Constr. promotes Erik Rappel to COO

General contractor, construction manager and design/builder Norco Construction promoted Erik Rappel to Chief Operating Officer. He most recently served as Norco’s Vice President of Operations, after originally joining the firm in 2017

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Vendor New Products

BITEC Expands Imperflex Line with New Base Sheet

BITEC, Inc. will be introducing its Imperflex® SA2 two-square self-adhered base sheet at the International Roofing Expo (IRE) in February, in response to contractor requests for a two-square option for installing BITEC’s popular Imperflex self-adhered

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