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Northgate Gonzalez Acquires San Diego-Based Hispanic Chain
ANorthgate Gonzalez Markets has acquired the five-store El Tigre chain, based in San Diego, for an estimated $10 million-plus.
Elliot Zwiebach
February 25, 2008
1 Min Read
ELLIOT ZWIEBACH
ANAHEIM, Calif. — Northgate Gonzalez Markets here has acquired the five-store El Tigre chain, based in San Diego, for an estimated $10 million-plus. Northgate is a privately held chain owned by a family that was operating 24 stores prior to the acquisition — with annual sales reportedly running around $300 million — encompassing 12 locations in Orange County, 11 in Los Angeles County and one in San Diego County. Three of the El Tigre stores are in the San Diego area, with two others in San Bernardino and Pacoima, Calif. Representatives of Northgate could not be reached for comment Friday. Local reports indicated the company plans to retain El Tigre's 500 employees.
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