News

SALES GROWTH TO €725.8 MILLION

business

Madrid, 27 April 2022. Our net turnover rose to €725.8 million, up 23.9% on the first quarter of 2021, thanks to the excellent performance of the high value added products and a strong, highly diversified supply chain. Adjusted EBITDA was up 11.2% year on year to €87 million. Net Profit dropped by 21.4% to €41.5… Read more

NET PROFIT UP 24% TO €238.6 MILLION

NET PROFIT UP 24% TO €238.6 MILLION

Madrid, 28 February 2022. Net turnover was more or less on a par with the previous year, at €2,877.4 million, which can be considered highly satisfactory given the extraordinary effect of compulsive shopping in 2020 and confirms consumer confidence in our brands and high-range products. Even with a cost inflation of €83 million and after… Read more

Ebro Foods has reached a binding agreement to purchase the company InHarvest

Ebro Foods has reached a binding agreement to purchase the company InHarvest

Madrid, 25th February 2022. The Ebro Group (www.ebrofoods.es), through its US subsidiary Riviana Foods (www.riviana.com), has reached a binding agreement to purchase the assets comprising the business of InHarvest. Inc. (www.inharvest.com) InHarvest is a US company with a strong presence in the industrial (B2B), Food Service and Private Label businesses for premium specialities in rice,… Read more

Net profit up 5.8% to €155.2 million

Net profit up 5.8% to €155.2 million

Madrid, 27 October 2021. Ebro posted a net turnover of €2,082.8 million in the first nine months of 2021. Once again the year-on-year comparison is distorted by the effect of compulsive shopping in 2020, but in terms of CAGR 2021/2019 turnover grew by 6.9%, revealing the trust and interest of consumers in the differentiation of… Read more

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