Updated: Monday, 09 Nov 2009, 1:47 PM EST
Published : Monday, 09 Nov 2009, 1:37 PM EST
ORLANDO, Fla. (WOFL FOX 35) - Sedano’s Supermarkets announced that it will acquire three Albertsons supermarket locations in Central Florida.
This acquisition marks Sedano’s Supermarkets’ first expansion beyond its South Florida headquarters and brings the total number of stores to 33 in Florida.
The Orlando area store locations are:
“We’re very excited about expanding into Orlando,” said Javier Herrán, director of marketing for Sedano’s Supermarkets. “The expansion into Central Florida helps us meet customer demand, while allowing us to quickly establish a presence and significant footprint in the Orlando market, as we pursue opportunities for continued strategic and conservative growth,” he said.
Sedano’s, with the assistance of The Food Partners, a national investment-banking firm providing merger, acquisition and divestiture services to the supermarket industry, strategically identified the Albertsons locations to maximize its entry into this new market.
The stores, which vary in size from 58,000 square feet to 65,000, will feature Sedano’s staple Latin products as well as mainstream everyday items.
Sedano’s will officially take control of the three locations in the first quarter 2010.