News

Ebro buys a rice milling facility in India

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 buys 25% of italian company Riso Scotti S.p.A.

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

Net profit up 19% to €110 million

Ebro posted a net profit of €110 million in the first nine months of 2012, representing a year-on-year growth of 19.1%. Profit before tax grew by 24% year on year to €178 million. Net turnover, pushed up mainly by the incorporation of new businesses, totalled €1,518 million, 16% more than in the first nine months… Read more