Cardenas (pronounced ) is a supermarket chain based in

Ontario, California Ontario is a city in southwestern San Bernardino County in the U.S. state of California, east of downtown Los Angeles and west of downtown San Bernardino, the county seat. Located in the western part of the Inland Empire metropolitan area, ...

, United States, that specializes in Latin American cuisine. , the company operates 49 Cardenas stores and seven Los Altos Ranch Markets stores in

California California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...

Arizona Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a state in the Southwestern United States. It is the 6th largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona is part of the Fou ...

, and

Nevada Nevada ( ; ) is a U.S. state, state in the Western United States, Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. N ...

History

Cardenas began in 1981 when Jesús Cárdenas, a farmworker from

Jalisco Jalisco (, , ; Nahuatl: Xalixco), officially the Free and Sovereign State of Jalisco ( es, Estado Libre y Soberano de Jalisco ; Nahuatl: Tlahtohcayotl Xalixco), is one of the 31 states which, along with Mexico City, comprise the 32 Federal En ...

, and his wife Luz opened their first grocery store in Ontario. In 2016,

Kohlberg Kravis Roberts KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strate ...

purchased Cardenas along with San Jose–based Mi Pueblo Food Center. The two chains merged in July 2017, and Mi Pueblo stores were converted to Cardenas stores the following year. In June 2022, it was announced that KKR would sell Cardenas to funds affiliated with

Apollo Global Management Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of March 31, 2022, the company had $512 billion of assets under management, ...

for an undisclosed amount. Following the close of the deal, the Apollo Funds will combine Cardenas and Tony's Fresh Market, although both will continue to operate under their existing brands. Most of Cardenas Markets are located in the

Inland Empire The Inland Empire (IE) is a metropolitan area and region inland of and adjacent to coastal Southern California, centering around the cities of San Bernardino and Riverside, and bordering Los Angeles County to the west. It includes the cities o ...

Pomona Valley The Pomona Valley is located in the Greater Los Angeles Area between the San Gabriel Valley and San Bernardino Valley in Southern California. The valley is approximately east of downtown Los Angeles. History On March 1, 1893 the California A ...

region in Southern California.

References

External links

* {{Official website, http://cardenasmarkets.com/ Ontario, California Companies based in San Bernardino County, California Retail companies established in 1981 1981 establishments in California Supermarkets based in California