News

NET PROFIT UP 4.3% TO €107 MILLION

NET PROFIT UP 4.3% TO €107 MILLION

Madrid, 28 July 2021. The Group’s net turnover, boosted by the extraordinary performance of high value-added products, reached €1,379.7 million. Although comparison with last year is distorted by the compulsive buying at the beginning of the pandemic in 2020, in terms of CAGR 2021/2019 the turnover rose by 6.4%, which shows the strength and leadership… Read more

CVC Capital Partners VIII and Ebro enter into exclusive discussions for the acquisition of the Panzani dry pasta, couscous, sauces and semolina business

CVC Capital Partners VIII and Ebro enter into exclusive discussions for the acquisition of the Panzani dry pasta, couscous, sauces and semolina business

Madrid, 26 July 2021. CVC Capital Partners VIII (www.cvc.com) and the Ebro Group (www.ebrofoods.es) have entered into exclusive discussions for the acquisition by CVC Capital Partners VIII of Panzani® dry pasta, couscous, sauces and semolina business. More specifically, the transaction would include: 1) the Panzani®, Ferrero®, Regia®, Zakia® and Le Renard® brands, and 2) all the… Read more

Ebro Foods closes sale of Ronzoni

Ebro Foods closes sale of Ronzoni

Madrid, 1 June 2021. Ebro Foods, through its US subsidiary Riviana, and 8th Avenue Foods & Provisions closed and executed yesterday the sale of the Ronzoni dry pasta business and the dry pasta plant in Winchester, USA. The transaction was valued at US$95 million (the value of 100% of the business, i.e. prior to any… Read more

NET PROFIT UP 10.6% TO €52.8 MILLION

NET PROFIT UP 10.6% TO €52.8 MILLION

Madrid, 28 April 2021. Ebro posted a net turnover of €697.2 million, boosted by the good performance of our brands and increased household consumption, still affected by local lockdowns, capacity restrictions and limited opening times in hospitality, travel restrictions, etc. The comparison with last year is distorted by the extraordinary peaks in demand recorded by… Read more

Ebro Foods reaches an agreement with 8th Avenue Foods & Provisions to sell its dry pasta business Ronzoni

Ebro Foods reaches an agreement with 8th Avenue Foods & Provisions to sell its dry pasta business Ronzoni

Madrid, 26th March 2021. Through its US subsidiary Riviana Foods (www.riviana.com), the Ebro Group (www.ebrofoods.es) has arranged to sell its Ronzoni’s dry pasta in USA to the company 8th Avenue Foods & Provisions Inc. ( https://www.8ave.com/). The business sold comprises the brand Ronzoni® and the plant in Winchester (Virginia). For the purpose of this transaction,… Read more