Nogales Wraps Up Numero Uno Markets Deal

Nogales Investors Management has closed its acquisition of Numero Uno Markets three years after first signing a letter of intent. The company operates a chain of grocery stores mainly targeting U.S. Hispanic consumers. The deal has experienced its fair share of drama -- Numero Uno's founder, George Torres, was recently convicted of running a racketeering enterprise. Nogales is hoping to expand the chain and is looking to make a few add-on acquisitions.