{"id":11772,"date":"2017-09-06T10:32:00","date_gmt":"2017-09-06T08:32:00","guid":{"rendered":"https:\/\/www.ebrofoods.es\/noticias\/ebro-foods-buys-52-stake-in-the-italian-company-geovita-17-09\/"},"modified":"2022-07-19T17:35:54","modified_gmt":"2022-07-19T15:35:54","slug":"ebro-foods-buys-52-stake-in-the-italian-company-geovita-17-09","status":"publish","type":"post","link":"https:\/\/www.ebrofoods.es\/en\/news\/ebro-foods-buys-52-stake-in-the-italian-company-geovita-17-09\/","title":{"rendered":"Ebro Foods buys 52% stake in the italian company Geovita"},"content":{"rendered":"<p style=\"margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left: 0cm;text-align:justify\"><span lang=\"EN-GB\">Ebro Foods (<\/span><span lang=\"EN-GB\">www.ebrofoods.es<\/span><span lang=\"EN-GB\">) has executed the acquisition of the 52% of the Italian companies Geovita Functional Ingredients, S.r.l. and its subsidiary Geovita Nutrition, S.r.l. (together, \u201c<strong>Geovita<\/strong>\u201d).<\/span><\/p>\n<p style=\"margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left: 0cm;text-align:justify\"><span lang=\"EN-GB\">Geovita is a leading player in the production and sale of legumes, rice, fast-cooking grains and other healthy ingredients. It has achieved considerable market differentiation through the highly innovative solutions it offers. It has a workforce of 94 employees distributed among three production plants in Italy, located in Bruno, San Giovanni Lupaloto and Villanova Monferrato. <\/span><\/p>\n<p style=\"margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left: 0cm;text-align:justify\"><span lang=\"EN-GB\">The transaction price was \u20ac16.5 million.<\/span><\/p>\n<p style=\"margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left: 0cm;text-align:justify\"><strong><span lang=\"EN-GB\">Strongly committed to offering healthy, differentiated food products <\/span><\/strong><\/p>\n<p style=\"margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left: 0cm;text-align:justify\"><span lang=\"EN-GB\">This operation is part of the Ebro Group\u0092s growth strategy in the Convenience and Healthy Food segment and demonstrates the company\u0092s commitment to offering and promoting a healthy diet and lifestyle, in which legumes play a very important role.<\/span><\/p>\n<p style=\"margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left: 0cm;text-align:justify\"><span lang=\"EN-GB\">The incorporation of Geovita gives a major boost to promoting and developing the Group\u0092s healthy food category.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ebro Foods (www.ebrofoods.es) has executed the acquisition of the 52% of the Italian companies Geovita Functional Ingredients, S.r.l. and its subsidiary Geovita Nutrition, S.r.l. (together, \u201cGeovita\u201d). Geovita is a leading player in the production and sale of legumes, rice, fast-cooking grains and other healthy ingredients. It has achieved considerable market differentiation through the highly innovative&#8230;<a class=\"moretag botonLeerMas\" href=\"https:\/\/www.ebrofoods.es\/en\/news\/ebro-foods-buys-52-stake-in-the-italian-company-geovita-17-09\/\"> Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[19],"tags":[],"class_list":["post-11772","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.ebrofoods.es\/en\/wp-json\/wp\/v2\/posts\/11772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ebrofoods.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ebrofoods.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ebrofoods.es\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ebrofoods.es\/en\/wp-json\/wp\/v2\/comments?post=11772"}],"version-history":[{"count":1,"href":"https:\/\/www.ebrofoods.es\/en\/wp-json\/wp\/v2\/posts\/11772\/revisions"}],"predecessor-version":[{"id":29012,"href":"https:\/\/www.ebrofoods.es\/en\/wp-json\/wp\/v2\/posts\/11772\/revisions\/29012"}],"wp:attachment":[{"href":"https:\/\/www.ebrofoods.es\/en\/wp-json\/wp\/v2\/media?parent=11772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ebrofoods.es\/en\/wp-json\/wp\/v2\/categories?post=11772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ebrofoods.es\/en\/wp-json\/wp\/v2\/tags?post=11772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}