Yucaipa acquires Fresh and Easy

EL SEGUNDO, Calif. — The Yucaipa Cos., a U.S.-based private investment firm, officially acquired Fresh and Easy Neighborhood Market from U.K.-based Tesco PLC, the company said on Wednesday.

Fresh and Easy customers will see numerous changes — including improvements in convenience, hours and customer service —  in the coming weeks.

“We are excited about acquiring the Fresh and Easy business. We are building from a great foundation and see an incredible opportunity to create a healthy, convenient food experience,” Ron Burkle, managing partner of Yucaipa, said.

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