Houston, Texas (September 16, 2021) – Riviana Foods Inc. announced today it had completed the construction of two new silos at its wild rice facility in Clearbrook, Minnesota. The expansion has increased the facility’s storage capacity by over 50 percent and eliminated the need for outside storage. The new installations and site expansion provide Riviana… Read more
Category: News
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
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
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
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
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
Ebro closes the best year in its history after spending €21 million on covid measures
• In a year of outstanding results, Ebro distributes a historic dividend of €386 million to support its shareholders in the present complicated economic situation Madrid, 25 February 2021. Net turnover grew by 15.1% in 2020 to €3,237 million, pushed up by the positive evolution of our businesses during the pandemic and efficient organisation of… Read more
Ebro India receives a new award from Great Place To Work Institute
We celebrate a new success of our company Ebro India. With a high dose of effort, perseverance and commitment. Our Ebro India team continues obtaining important results and recognitions. This time, ranking again between the best 30 manufacturing companies in India. A new milestone highlighted by its CEO, Peter Walker: “We are incredibly proud to… Read more
