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
News
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
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
Ebro Foods receives the Golden Award in London
Yesterday, the Official Spanish Chamber of Commerce in the United Kingdom presented the Award to Ebro Foods, a recognition that was collected by the Chairman of the company, Antonio Hernández Callejas, at a reception that took place at the Embassy of Spain in London. The Annual Golden Award is one of the principal corporate events… Read more
Riviana Foods increases wild rice storage capacity at Clearbrook, Minnesota plant
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
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
