New Owners Plan One Androncio's Closure

BERKELEY, Calif. — The new owners of Andronico's Community Markets are planning to close one of the banner's four locations in this city, according to local reports.

BERKELEY, Calif. — The new owners of Andronico's Community Markets are planning to close one of the banner's four locations in this city, according to local reports.

Renwood Opportunities Fund, a Seattle-based investment group formed by Rosewood Private Investments and Renovo Capital, was poised to complete its acquisition of the seven-store chain for $16 million and then close the University Avenue store in Berkeley by Oct. 29, The Daily Californian reported.

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