News from year 2013

Ebro Foods, S.A. (www.ebrofoods.es) and Newlat Group, S.A. have reached an agreement for the sale of Ebro’s pasta business in Germany, where it operates under the brands Birkel® and 3Glocken®. The agreement will foreseeably come to fruition at the end of 2013 with the transfer of all the assets corresponding to that business: the aforesaid… Read more

Following approval by the Canadian Competition Bureau, Ebro Foods (www.ebrofoods.es) and Canada Bread Company, Ltd., a subsidiary of Maple Leaf Foods Inc., have today completed the sale of the Olivieri Foods (www.olivieri.ca) fresh pasta and sauce business to Ebro Foods. With a workforce of approximately 375 employees, Olivieri is leader in the fresh pasta and… Read more

Ebro posted a turnover of €1,499 million in the first nine months of 2013, down 1.3% year on year as a result of the change in its scope of consolidation following the sale of the Nomen and other smaller brands, a condition imposed by the Spanish antitrust authorities to allow the acquisition of the SOS… Read more

Ebro Foods (www.ebrofoods.es) has reached an agreement to purchase the businesses of Olivieri Foods, (www.olivieri.ca) Foods pasta and sauces business of Canada Bread Company, Ltd., a subsidiary of Maple Leaf Foods Inc.   Olivieri is the leading brand of fresh pasta and fresh sauces in Canada. With 375 employees, it has posted a gross turnover of… Read more

Ebro posted a net profit of €71 million in the first half of 2013 with a year-on-year growth of 5.5%. The net turnover slid 1.1% over the twelve-month period to €1,001,764 million, as a result of the change in the scope of consolidation following the sale of the Nomen, La Parrilla, La Cazuela, Pavo Real… Read more

Ebro approves an additional extraordinary dividend ofWithin the framework of its dividend policy and as proof of its commitment to its shareholders, the Board of Directors of Ebro Foods, S.A. agreed earlier today to put a motion at the forthcoming AGM to pay an extraordinary interim dividend of 0.12 euro per share. The extraordinary dividend… Read more

Ebro Foods has reached an agreement to acquire a rice milling facility (the “Facility”) in Haryana, India from Olam International, a Singapore-based global, integrated supply chain manager of agricultural products and food ingredients. The Facility is a new state-of-the-art rice milling plant and has the capacity to process 18 metric tons of paddy rice per… Read more

Ebro posted a net profit of €158.5 million in 2012, a year-on-year growth of 4.5%, while profit before tax was up 11.5% to €248 million. Its net turnover rose to €2,041 million, up 13% on 2011. Major growth was also achieved in the operating parameters, with a year-on-year growth of 9.7% in the EBITDA or… Read more

Ebro communicates that it has clinched a deal to buy 25% of Riso Scotti S.p.A., parent company of the Scotti Group. Scotti is an Italian group specialising in the production and processing of rice, leaders in risotto rice in Italy with a broad array of products sold under the Scotti brand in over seventy countries…. Read more