Hain Celestial, the natural foods firm, has announced it has agreed a deal to sell its Tilda brand of basmati and speciality rice to the Spanish consumer goods firm Ebro Foods for $342 million in cash. The firm said it was planning to use a portion of the sale proceeds to pay down debt, and was evaluating distribution alternatives for the remainder. Tilda operates two plants in Rainham (UK) and employs 326 …
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Ebro Foods
Ebro Foods, the Spanish food company, has announced it has received a binding offer from Midsona, a Swedish leader in organic and health foods and self-care ,for the acquisition of the entire share capital of Alimentation Sante for €57.5 million ($64 million). “Ebro has analyzed the strong investment needed to reach a relevant position in the Bio food business.”, the firm said in a statement “In this scenario, and considering …
Ebro Foods, the multinational Spanish foods firm, is constructing a new factory in Spain to boost its production of convenience foods, according to a report in ABC De Sevilla. The new €70 million ($79 million) plant, to be located in the La Rinconanda municipality of Seville, is described as being the largest plant in the world for rice, ready meals and other convenience foods sold in pots. The factory will occupy …
Spanish rice, pasta and sauce manufacturer Ebro Foods has announced plans to build a new factory to manufacture products under the Vegetalia banner, according to a report in Just Food. The new organic food production facility will be Ebro Food’s fourth and is set to be located in Barcelona, with works to start in the autumn of 2019. Ebro Foods acquired the Spanish organic food manufacturer Vegetalia for €15 million …
Spanish food firm Ebro Foods has announced its latest acquisition: the purchase of a 70% stake in filled pasta firm Bertagni 1882. The binding agreement has been reached through Ebro Foods’ 100% subsidiary Panzani and 52% subsidiary Pastificio Lucio Garofalo, the firm said in a statement. Founded in Bologna, Bertagni 1882 is described as the oldest brand of filled pasta in Italy. It operates production plants in Vicenza and Avio and has …
Spanish manufacturer Ebro Foods has announced that it is pushing further into the natural and organic space with the acquisition of the Italian food and drinks firm Vegetalia for €15 million ($16 million). Founded by Salvador Sala Druguet in 1986, Vegetalia is engaged in the preparation and distribution of a broad range of organic food products and is described by Ebro Foods as a pioneer in the manufacturing of vegetable protein. It …
Ebro Foods, the Spanish food firm, has announced that it is acquiring French organics food firm Celnat for €25.5 million ($27.8 million). Celnat is predominantly a producer of cereal-based goods and has a product range that it includes flour, grains, breakfast cereals, pasta, rice crackers, dried fruit and supplements. The firm posted a turnover of €22 million ($24 million) in 2015, 20% of which was generated on foreign markets. Ebro said that …
Spanish food firm Ebro Foods is acquiring the French fresh food specialist Roland Monterrat in a deal valued at €44.25 million ($48.75 million). Roland Monterrat is the leading player in the ‘pate en croute’ sector and also has a major presence in the sandwich and ‘croque-monsieur’ segment. In 2014 it posted turnover of €64 million ($71 million). “Through the incorporation of Monterrat, we will achieve further synergies with our French …
Ebro Foods, S.A. (Ebro) reports that it has signed a binding agreement to acquire 52% of the Italian company Pastificio Lucio Garofalo, S.p.A (Lucio Garofalo) for €62.5 million. The transaction is expected to be completed by the end of June. Lucio Garofalo was founded more than 100 years ago and owns the Garofalo, Santa Lucia and Russo de Cicciano brands, with a significant presence in the premium dried pasta segment …
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