Andronico's Sales to Renovo Finalized

SAN FRANCISCO — Andronico's Community Markets here said Friday it has sold its assets to an affiliate of Renovo Capital for $16 million, ending the Chapter 11 bankruptcy it filed in August.

SAN FRANCISCO — Andronico's Community Markets here said Friday it has sold its assets to an affiliate of Renovo Capital for $16 million, ending the Chapter 11 bankruptcy it filed in August.

The company said the sale will allow the six remaining Andronico's stores to continue to operate, with Renovo committed to investing in the stores' physical infrastructure to update the facilities and enable them to improve the quality of service.

Key members of Andronico's executive

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